New Mexico Acequia Association

Analysis

New Mexico Acequia Association is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in August 2002, 24 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 Acequia Association reported income of $1.3m and spending of $1.4m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.3m (+7.3%), an average of +1.8% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 77% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, New Mexico Acequia Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NM. Charities of a similar size with the same main cause include Greener Partners ($1.3m), Regional Water Management Foundation a Subsidiary of the ($1.3m) and Boothbay Harbor Waterfront Preservation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $92k (6.5% of expenses). Other salaries and wages came to $418k. At year end it held assets of $2.5m against liabilities of $219k, net assets of $2.2m. It reported 13 employees.