Friends of New Mexico Fisher House

Analysis

Friends of New Mexico Fisher House is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Friends of New Mexico Fisher House reported income of $60k and spending of $14k, leaving 77% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $29k to $60k (+105%), an average of +106% a year. The sharpest change came in the year to September 2023, when income rose by 105%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of New Mexico Fisher House sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 19th percentile within NM. Charities of a similar size with the same main cause include Keizer Youth Baskeball ($60k), Community Mayors Inc ($60k) and Color Guard of American Legion Post 707 ($60k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $145k against liabilities of $0, net assets of $145k.