ALS New Mexico

Analysis

ALS New Mexico is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in April 2024, 2 years ago. 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 January 2024, ALS New Mexico reported income of $953k and spending of $614k, leaving 36% of income unspent that year. Across the 4 years on record, from January 2020 to January 2024, income fell from $967k to $953k (-1.5%), an average of -0.5% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, ALS New Mexico sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within NM. Charities of a similar size with the same main cause include Community Ballet Association of Huntsville Inc ($953k), Texas Golf Association Foundation ($953k) and Gear Research Institute ($953k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 49% of the total. Compensation of current officers, directors and key employees was $109k (18% of expenses). Other salaries and wages came to $109k. At year end it held assets of $1.2m against liabilities of $43k, net assets of $1.2m. It reported 3 employees.