New Mexico Child Advocacy Networks

Analysis

New Mexico Child Advocacy Networks is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in September 1994, 32 years ago. 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 June 2024, New Mexico Child Advocacy Networks reported income of $901k and spending of $789k, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.5m to $901k (-39%), an average of -12% a year. The sharpest change came in the year to June 2023, when income dropped by 38%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Mexico Child Advocacy Networks sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within NM. Charities of a similar size with the same main cause include Nami San Mateo County ($901k), Shires Housing Inc ($902k) and Florida Council on Aging Inc ($901k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $233k (30% of expenses). Other salaries and wages came to $232k. At year end it held assets of $2.5m against liabilities of $592k, net assets of $2.0m. It reported 11 employees.