New Mexico Childrens Foundation

Analysis

New Mexico Childrens Foundation is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Childrens Foundation reported income of $286k and spending of $228k, leaving 20% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $255k to $286k (+12%), an average of +2.3% a year. The sharpest change came in the year to June 2020, when income rose by 87%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Mexico Childrens Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NM. Charities of a similar size with the same main cause include Spottswood Community Development Corporation ($286k), Pathways Housing First Institute ($286k) and FCP Services Incorporated ($286k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% of the total. Compensation of current officers, directors and key employees was $38k (17% of expenses). Other salaries and wages came to $9,345. At year end it held assets of $2.6m against liabilities of $7,781, net assets of $2.6m. It reported 6 employees.