Board of Regents Southwestern Indian Polytechnic Institute

Analysis

Board of Regents Southwestern Indian Polytechnic Institute is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in April 1975, 51 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 December 2023, Board of Regents Southwestern Indian Polytechnic Institute reported income of $370k and spending of $299k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $253k to $370k (+46%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Board of Regents Southwestern Indian Polytechnic Institute sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NM. Charities of a similar size with the same main cause include St Francis-St Joseph Catholic Worker House ($370k), Ramgarhia Sabha Los Angeles Inc ($370k) and South Arkansas Historical Foundation ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Other salaries and wages came to $164k. At year end it held assets of $331k against liabilities of $4,074, net assets of $327k. It reported 7 employees.