Corrales Community Education

Analysis

Corrales Community Education is a registered charity in United States, based in Corrales, NM. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Corrales Community Education reported income of $164k and spending of $154k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $164k to $164k (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Corrales Community Education sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within NM. Charities of a similar size with the same main cause include United Women of Color ($164k), Humaniti Beauty Inc ($164k) and Common Greens ($163k).

At year end it held assets of $21k against liabilities of $0, net assets of $21k.