New Mexico Lions Sight Conservation Foundation Inc

Analysis

New Mexico Lions Sight Conservation Foundation Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in August 1965, 61 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, New Mexico Lions Sight Conservation Foundation Inc reported income of $836k and spending of $845k, spending 101% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $854k to $836k (-2.1%), an average of -0.5% a year. The sharpest change came in the year to May 2023, when income rose by 83%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Mexico Lions Sight Conservation Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within NM. Charities of a similar size with the same main cause include Hill Manor Enterprises ($836k), American Friends of Yeshivath Kerem Byavneh Inc ($836k) and Osher Lifelong Learning Institute ($836k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.3% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $103k (12% of expenses). Other salaries and wages came to $149k. At year end it held assets of $1.9m against liabilities of $197k, net assets of $1.7m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.