Osteoporosis Foundation of New Mexico

Analysis

Osteoporosis Foundation of New Mexico 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 diseases, disorders and medical disciplines, 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, Osteoporosis Foundation of New Mexico reported income of $493k and spending of $302k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $295k to $493k (+67%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 345%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Osteoporosis Foundation of New Mexico sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within NM. Charities of a similar size with the same main cause include Chatham County Safety Net Planning Council Inc ($492k), Harm Reduction Sisters ($493k) and Nalanda Institute for Contemplative Science Inc ($492k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 40% of the total. At year end it held assets of $1.1m against liabilities of $533, net assets of $1.1m.