Communities in Schools of New Mexico

Analysis

Communities in Schools of New Mexico is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Communities in Schools of New Mexico reported income of $2.3m and spending of $2.4m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.3m (+47%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 37%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Communities in Schools of New Mexico sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NM. Charities of a similar size with the same main cause include Lutheran High Northeast ($2.3m), Boston Adventist Dream Academy Corporation ($2.3m) and Kreiva Academy Public Charter School ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $134k (5.6% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.1m against liabilities of $342k, net assets of $802k. It reported 35 employees.