Cancer Services of New Mexico

Analysis

Cancer Services of New Mexico is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover medical research, 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, Cancer Services of New Mexico reported income of $146k and spending of $206k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $203k to $146k (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cancer Services of New Mexico sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within NM. Charities of a similar size with the same main cause include Coastal Volunteers in Medicine ($146k), Guildnet Inc ($146k) and Infant Massage USA ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $62k. At year end it held assets of $94k against liabilities of $621, net assets of $93k. It reported 3 employees.