The Bridge of Southern New Mexico

Analysis

The Bridge of Southern New Mexico is a registered charity in United States, based in Las Cruces, NM. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, The Bridge of Southern New Mexico reported income of $152k and spending of $127k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $168k to $152k (-9.7%), an average of -2.5% a year. The sharpest change came in the year to December 2020, when income rose by 59%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Bridge of Southern New Mexico sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within NM. Charities of a similar size with the same main cause include Sherwood Forest Association ($152k), Healthy Ferry County Coalition ($152k) and Our Towns Civic Foundation Inc ($152k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $77k (61% of expenses). At year end it held assets of $334k against liabilities of $2,861, net assets of $331k. It reported 1 employees.