New Mexico Center on Law and Poverty Inc

Analysis

New Mexico Center on Law and Poverty Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, New Mexico Center on Law and Poverty Inc reported income of $2.8m and spending of $2.4m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.3m to $2.8m (-16%), an average of -4.3% a year. The sharpest change came in the year to June 2021, when income rose by 156%. Over the whole period it spent 89% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, New Mexico Center on Law and Poverty Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within NM. Charities of a similar size with the same main cause include First at Blue Ridge Inc ($2.8m), Children and Youth Justice Center ($2.8m) and Lavender Rights Project ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $109k (4.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.2m against liabilities of $535k, net assets of $3.6m. It reported 26 employees.