Northwest New Mexico Seniors Inc

Analysis

Northwest New Mexico Seniors Inc is a registered charity in United States, based in Farmington, NM. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Northwest New Mexico Seniors Inc reported income of $101k and spending of $101k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $101k (-93%), an average of -48% a year. The sharpest change came in the year to June 2022, when income rose by 101%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northwest New Mexico Seniors Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within NM. Charities of a similar size with the same main cause include Country Store Thrift Shop Inc ($101k), San Angelo Support for Veterans ($101k) and Society of St Vincent de Paul St John the Evangelist Conference ($101k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $73k. At year end it held assets of $4,652 against liabilities of $0, net assets of $4,652. It reported 10 employees.