Unm Rainforest Innovations

Analysis

Unm Rainforest Innovations is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Unm Rainforest Innovations reported income of $4.4m and spending of $5.4m, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.5m to $4.4m (-1.9%), an average of -0.5% a year. The sharpest change came in the year to June 2020, when income dropped by 100%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Unm Rainforest Innovations sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within NM. Charities of a similar size with the same main cause include Center for Student Learning Charter School at Pennsbury ($4.4m), Chesapeake Bay Academy ($4.4m) and Greene School ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $565k (10% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $14.7m against liabilities of $2.8m, net assets of $11.9m. It reported 34 employees.