New Mexico School for the Blind and Visually Impaired Foundation

Analysis

New Mexico School for the Blind and Visually Impaired Foundation is a registered charity in United States, based in Alamogordo, NM. It received its IRS tax-exemption ruling in May 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New Mexico School for the Blind and Visually Impaired Foundation reported income of $66k and spending of $56k, spending 85% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $31k to $66k (+111%), an average of +111% a year. The sharpest change came in the year to June 2023, when income rose by 111%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Mexico School for the Blind and Visually Impaired Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within NM. Charities of a similar size with the same main cause include East Knox Athletic Booster Charity ($66k), Ridge High School Parent Teacher Organization Inc ($66k) and Mill Creek Encore Alliance Inc ($66k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $252k against liabilities of $2,550, net assets of $250k.