Cornucopia Adult & Family Services

Analysis

Cornucopia Adult & Family Services is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in February 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Cornucopia Adult & Family Services reported income of $4.7m and spending of $4.3m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $4.7m (+56%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cornucopia Adult & Family Services sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NM. Charities of a similar size with the same main cause include PCGH Inc ($4.7m), Canton for All People Inc ($4.7m) and DC Abortion Fund ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $115k (2.7% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.1m against liabilities of $402k, net assets of $1.7m. It reported 115 employees.