New Mexico Farm and Livestock Bureau Foundation Inc

Analysis

New Mexico Farm and Livestock Bureau Foundation Inc is a registered charity in United States, based in Las Cruces, NM. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 October 2023, New Mexico Farm and Livestock Bureau Foundation Inc reported income of $743k and spending of $517k, leaving 30% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $260k to $743k (+186%), an average of +30% a year. The sharpest change came in the year to October 2021, when income rose by 90%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Mexico Farm and Livestock Bureau Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within NM. Charities of a similar size with the same main cause include Pathway to Hope Inc ($743k), Homestead Residences Inc ($743k) and Lend a Hand Up Inc ($743k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $1.1m against liabilities of $211k, net assets of $874k.