Mid-West New Mexico Community Action Program

Analysis

Mid-West New Mexico Community Action Program is a registered charity in United States, based in Los Lunas, NM. It received its IRS tax-exemption ruling in October 1970, 56 years ago. 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 August 2023, Mid-West New Mexico Community Action Program reported income of $10.0m and spending of $8.3m, spending 84% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $7.7m to $10.0m (+29%), an average of +6.7% a year. The sharpest change came in the year to August 2023, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid-West New Mexico Community Action Program sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within NM. Charities of a similar size with the same main cause include Clay Behavioral Health Center Inc ($10.0m), Ascension Living Borgess Place ($10.0m) and Goodwill Industries of El Paso Inc ($10.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $480k (5.8% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $6.1m against liabilities of $2.2m, net assets of $3.9m. It reported 175 employees.