New Mexico Boys and Girls Ranch Foundation Inc

Analysis

New Mexico Boys and Girls Ranch Foundation Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in March 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Boys and Girls Ranch Foundation Inc reported income of $585k and spending of $542k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.9m to $585k (-69%), an average of -25% a year. The sharpest change came in the year to June 2023, when income rose by 545%. Over the whole period it spent 128% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Mexico Boys and Girls Ranch Foundation Inc 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 72nd percentile, and in the 71st percentile within NM. Charities of a similar size with the same main cause include 1 Archangel Service Inc ($585k), Schip Inc ($585k) and Ethiopian Community Association in Atlanta Inc ($585k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% of the total. Other salaries and wages came to $202k. At year end it held assets of $4.6m against liabilities of $303k, net assets of $4.3m. It reported 3 employees.