New Mexico Young Actors Inc

Analysis

New Mexico Young Actors Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, New Mexico Young Actors Inc reported income of $212k and spending of $183k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $169k to $212k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, New Mexico Young Actors Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NM. Charities of a similar size with the same main cause include Shane Victorino Foundation ($212k), Bay Area Muslim Scouting ($212k) and Mountains 2 Sea ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $50k (27% of expenses). At year end it held assets of $126k against liabilities of $2,954, net assets of $123k. It reported 1 employees.