Big Brothers Big Sisters of New Mexico

Analysis

Big Brothers Big Sisters of New Mexico is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in May 1979, 47 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Big Brothers Big Sisters of New Mexico reported income of $3.0m and spending of $2.8m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.4m to $3.0m (+26%), an average of +8.0% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Big Brothers Big Sisters of New Mexico 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 89th percentile, and in the 90th percentile within NM. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($3.0m), Ventures Unlimited Inc ($3.0m) and Pico California ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $235k (8.4% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.4m against liabilities of $568k, net assets of $1.8m. It reported 64 employees.