New Mexico Association of Soil and Water Conservation Districts

Analysis

New Mexico Association of Soil and Water Conservation Districts is a registered charity in United States, based in Carlsbad, NM. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 2023, New Mexico Association of Soil and Water Conservation Districts reported income of $3.2m and spending of $2.9m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.1m to $3.2m (-36%), an average of -11% a year. The sharpest change came in the year to June 2022, when income dropped by 38%. Over the whole period it spent 98% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, New Mexico Association of Soil and Water Conservation Districts sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NM. Charities of a similar size with the same main cause include Environmental Concern Inc ($3.2m), New England Grassroots Environment Fund Inc ($3.2m) and Forest Society of Maine ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $140k (4.9% of expenses). Other salaries and wages came to $453k. At year end it held assets of $1.4m against liabilities of $271k, net assets of $1.1m. It reported 16 employees.