New Mexico Ice Hockey Foundation Inc

Analysis

New Mexico Ice Hockey Foundation Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, New Mexico Ice Hockey Foundation Inc reported income of $388k and spending of $440k, spending 113% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $264k to $388k (+47%), an average of +10% a year. The sharpest change came in the year to April 2022, when income rose by 70%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Mexico Ice Hockey Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within NM. Charities of a similar size with the same main cause include Excel Sports League ($388k), Annapolis Junior Rowing Association Incorporated ($388k) and Ramona Sports Association ($388k).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.