Care Net Pregnancy Center of Albuquerque

Analysis

Care Net Pregnancy Center of Albuquerque is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in October 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 May 2024, Care Net Pregnancy Center of Albuquerque reported income of $1.3m and spending of $1.4m, spending 108% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $853k to $1.3m (+57%), an average of +12% a year. The sharpest change came in the year to May 2023, when income rose by 49%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Care Net Pregnancy Center of Albuquerque sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NM. Charities of a similar size with the same main cause include Icarre Foundation ($1.3m), West Valley Counseling Center a Non-Profit Organization ($1.3m) and Redeemed and Restored Incorporated ($1.3m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $74k (5.1% of expenses). Other salaries and wages came to $685k. At year end it held assets of $1.0m against liabilities of $56k, net assets of $956k. It reported 25 employees.