Dual Language Education of New Mexico

Analysis

Dual Language Education of New Mexico is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Dual Language Education of New Mexico reported income of $3.2m and spending of $3.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $3.2m (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dual Language Education of New Mexico sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NM. Charities of a similar size with the same main cause include Ridgefield Library Association Inc ($3.2m), The@family Place Public Charter School ($3.2m) and National History Day ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.7% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $141k (4.6% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.4m against liabilities of $392k, net assets of $2.1m. It reported 23 employees.