New Mexico Foundation for Open Government Inc

Analysis

New Mexico Foundation for Open Government Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in February 1991, 35 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Mexico Foundation for Open Government Inc reported income of $95k and spending of $87k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $98k to $95k (-2.2%), an average of -0.6% a year. Over the whole period it spent 98% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, New Mexico Foundation for Open Government Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 31st percentile within NM. Charities of a similar size with the same main cause include Soroptimist International of the Americas Inc ($95k), Amazing Grace of Cape Cod Inc ($95k) and Drug-Free Noble County Inc ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $65k (74% of expenses). At year end it held assets of $417k against liabilities of $227k, net assets of $190k. It reported 1 employees.