The New Mexico Center for Nursing Excellence

Analysis

The New Mexico Center for Nursing Excellence is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 New Mexico Center for Nursing Excellence reported income of $437k and spending of $417k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $118k to $437k (+271%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The New Mexico Center for Nursing Excellence sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within NM. Charities of a similar size with the same main cause include Healthy Living Community ($437k), Southeastern Carolina Crossroads Inc ($437k) and Terry Reilly Foundation Inc ($437k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.0% of the total. At year end it held assets of $245k against liabilities of $94k, net assets of $151k.