Albuquerque Health Care for the Homeless Inc

Analysis

Albuquerque Health Care for the Homeless Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in December 1989, 37 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, Albuquerque Health Care for the Homeless Inc reported income of $10.0m and spending of $10.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.1m to $10.0m (+24%), an average of +5.4% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Albuquerque Health Care for the Homeless Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within NM. Charities of a similar size with the same main cause include Together Inc of Metropolitian Omaha ($10.0m), Franklin Vance Warren Opportunity ($10.0m) and Harcatus Tri-County Cao ($10.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $4.3m. At year end it held assets of $9.9m against liabilities of $709k, net assets of $9.1m. It reported 121 employees.