Greater Artesia Foundation

Analysis

Greater Artesia Foundation is a registered charity in United States, based in Artesia, NM. It received its IRS tax-exemption ruling in May 1977, 49 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, Greater Artesia Foundation reported income of $209k and spending of $339k, spending 162% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $560k to $209k (-63%), an average of -22% a year. The sharpest change came in the year to August 2023, when income rose by 109%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Artesia Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NM. Charities of a similar size with the same main cause include Missouri Gateway Green Building Council ($209k), Visalia Homeless Center ($209k) and Grey Team Inc ($209k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 91% and program service revenue 0.7% of the total. At year end it held assets of $613k against liabilities of $0, net assets of $613k.