Taos Valley Acequia Association

Analysis

Taos Valley Acequia Association is a registered charity in United States, based in Taos, NM. It received its IRS tax-exemption ruling in December 1989, 37 years ago. 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, Taos Valley Acequia Association reported income of $193k and spending of $149k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $155k to $193k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Taos Valley Acequia Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NM. Charities of a similar size with the same main cause include Metropolitan School of Dance Inc ($193k), Meals on Wheels of Wyoming Valley Inc ($193k) and Illinois Valley Orchestral Association ($192k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $126k against liabilities of $0, net assets of $126k.