New Mexico Boys & Girls Ranches

Analysis

New Mexico Boys & Girls Ranches is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in October 1971, 55 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 June 2023, New Mexico Boys & Girls Ranches reported income of $3.4m and spending of $3.6m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $3.4m (+51%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 171%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Mexico Boys & Girls Ranches sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NM. Charities of a similar size with the same main cause include Se Wi Emergency Support Group Inc ($3.4m), United Territories of Pacific Islanders Washington-Utopia Wa ($3.4m) and West Florin Representative Payee Services & Nordhus Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $285k (8.0% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $10.3m against liabilities of $1.1m, net assets of $9.1m. It reported 69 employees.