Responsible Gaming Association of New Mexico

Analysis

Responsible Gaming Association of New Mexico is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Responsible Gaming Association of New Mexico reported income of $432k and spending of $438k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $356k to $432k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Responsible Gaming Association of New Mexico sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within NM. Charities of a similar size with the same main cause include Poverty Reduction Services ($432k), Globel Foster Care ($432k) and El Padrecito Ministries ($432k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 92% of the total. At year end it held assets of $334k against liabilities of $0, net assets of $334k.