New Mexico Child First Network
Analysis
New Mexico Child First Network is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in November 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, New Mexico Child First Network reported income of $93k and spending of $86k, spending 92% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $44k to $93k (+114%), an average of +46% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 79% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Mexico Child First Network sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 30th percentile within NM. Charities of a similar size with the same main cause include Grands Stepping Up ($93k), Grace Ministries Inc ($93k) and Cable Rod and Gun Club Inc ($93k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $20k (23% of expenses). At year end it held assets of $59k against liabilities of $0, net assets of $59k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Grands Stepping Up | Drexel Hill | $93k |
| Grace Ministries Inc | Vestavia HLS | $93k |
| Cable Rod and Gun Club Inc | Cable | $93k |
| Collaborative of Ny Inc | Waterloo | $94k |