Old Spanish Trail Association

Analysis

Old Spanish Trail Association is a registered charity in United States, based in Corrales, NM. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Old Spanish Trail Association reported income of $96k and spending of $121k, spending 126% of what it took in. Across the 4 years on record, from May 2019 to June 2023, income fell from $118k to $96k (-18%), an average of -6.5% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Old Spanish Trail Association sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 31st percentile within NM. Charities of a similar size with the same main cause include Vienna Community Arts ($96k), Salem Community Theater ($96k) and Theatre Company ($96k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $286k against liabilities of $0, net assets of $286k.