Nmtie Inc

Analysis

Nmtie Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Nmtie Inc reported income of $221k and spending of $220k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $184k to $221k (+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 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nmtie Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NM. Charities of a similar size with the same main cause include Hagerty High School Athletic Booster Club Inc ($221k), Mollen Foundation for Childhood Obesity ($222k) and Flower Mound High School Football Booster Club ($221k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.