New Mexico Association for Home and Hospice Care

Analysis

New Mexico Association for Home and Hospice Care is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in June 1984, 42 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 December 2023, New Mexico Association for Home and Hospice Care reported income of $375k and spending of $328k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $301k to $375k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Mexico Association for Home and Hospice Care sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within NM. Charities of a similar size with the same main cause include The Sun City Posse Inc ($375k), Dr & Mrs Al Garver Memorial ($375k) and Veteran Community Initiatives Inc ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 25% of the total. At year end it held assets of $253k against liabilities of $22k, net assets of $231k.