New Mexico Teen Challenge

Analysis

New Mexico Teen Challenge is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in October 1985, 41 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 December 2023, New Mexico Teen Challenge reported income of $1.7m and spending of $1.6m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $598k to $1.7m (+179%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Mexico Teen Challenge sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NM. Charities of a similar size with the same main cause include Kellin Foundation ($1.7m), Hawaii Food Technology Center ($1.7m) and H a N D S of Wyoming County ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 74% of the total. Other salaries and wages came to $362k. At year end it held assets of $2.0m against liabilities of $77k, net assets of $2.0m. It reported 20 employees.