Adaptive Sports Program New Mexico Inc

Analysis

Adaptive Sports Program New Mexico Inc is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in January 1975, 51 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Adaptive Sports Program New Mexico Inc reported income of $367k and spending of $282k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $252k to $367k (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Adaptive Sports Program New Mexico Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NM. Charities of a similar size with the same main cause include Rocky Mountain District Hockey Inc ($367k), Sir Nonprofit Corp ($368k) and Myc Youth Sailing Foundation Inc ($367k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% and program service revenue 10% of the total. Other salaries and wages came to $154k. At year end it held assets of $308k against liabilities of $4,898, net assets of $303k. It reported 5 employees.