Northern New Mexico Soccer Association

Analysis

Northern New Mexico Soccer Association is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in January 1991, 35 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Northern New Mexico Soccer Association reported income of $482k and spending of $444k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $322k to $482k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 137%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Northern New Mexico Soccer Association sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within NM. Charities of a similar size with the same main cause include Derivera Park Trustees ($482k), West Town Bikes NFP ($482k) and Greater Waco Sports Commission ($482k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $49k (11% of expenses). Other salaries and wages came to $71k. At year end it held assets of $52k against liabilities of $20k, net assets of $32k. It reported 4 employees.