New Mexico Mesa Inc

Analysis

New Mexico Mesa 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. 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, New Mexico Mesa Inc reported income of $1.6m and spending of $1.4m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.6m (+15%), an average of +3.7% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Mexico Mesa Inc sits at the 83rd percentile: it is larger than about 83% 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 Allen Action Agency Inc ($1.6m), Minnesota Heat Hoops Inc ($1.6m) and Vascular Cures ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $120k (8.5% of expenses). Other salaries and wages came to $419k. At year end it held assets of $2.2m against liabilities of $350k, net assets of $1.8m. It reported 10 employees.