New Mexico Activities Association
Analysis
New Mexico Activities Association is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in December 1952, 74 years ago. 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 2024, New Mexico Activities Association reported income of $4.2m and spending of $4.4m, spending 105% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.0m to $4.2m (+37%), an average of +8.3% a year. The sharpest change came in the year to June 2022, when income rose by 78%. Over the whole period it spent 102% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Mexico Activities Association sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within NM. Charities of a similar size with the same main cause include Education Writers Association ($4.2m), Alabama 4h Club Foundation Inc ($4.2m) and Yeshiva Derech Chaim ($4.2m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $422k (9.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.8m against liabilities of $335k, net assets of $3.5m. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 2.7%
- Program services 92%
- Other 5.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Education Writers Association | Washington | $4.2m |
| Alabama 4h Club Foundation Inc | Auburn Univ | $4.2m |
| Yeshiva Derech Chaim | Brooklyn | $4.2m |
| Organization of Chinese Americans Inc | Washington | $4.2m |