Junior Achievement of New Mexico Inc

Analysis

Junior Achievement of New Mexico Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Junior Achievement of New Mexico Inc reported income of $856k and spending of $499k, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $367k to $856k (+133%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 84%. Over the whole period it spent 77% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Junior Achievement of New Mexico Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within NM. Charities of a similar size with the same main cause include Life Global Inc ($855k), American Friends of the Jewish Community of Beijing Inc ($856k) and One Generation Alliance Inc ($854k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $102k (20% of expenses). Other salaries and wages came to $205k. At year end it held assets of $687k against liabilities of $128k, net assets of $559k. It reported 5 employees.