New Mexico Recycling Coalition
Analysis
New Mexico Recycling Coalition is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, New Mexico Recycling Coalition reported income of $209k and spending of $189k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $295k to $209k (-29%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 47%. Over the whole period it spent 73% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, New Mexico Recycling Coalition sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NM. Charities of a similar size with the same main cause include Indiana Karst Conservancy ($209k), Virginia Association of Soil and Water Conservation Districts Educa ($210k) and Keep Polk County Beautiful Inc ($209k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $100k (53% of expenses). At year end it held assets of $223k against liabilities of $13k, net assets of $210k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 44%
- Program services 56%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Indiana Karst Conservancy | Indianapolis | $209k |
| Virginia Association of Soil and Water Conservation Districts Educa | Mechanicsvlle | $210k |
| Keep Polk County Beautiful Inc | Eagle Lake | $209k |
| Friends of Stark Parks | Canton | $210k |