Assistance League of Albuquerque Inc

Analysis

Assistance League of Albuquerque Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in April 1968, 58 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2023, Assistance League of Albuquerque Inc reported income of $1.0m and spending of $806k, leaving 22% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $687k to $1.0m (+50%), an average of +14% a year. The sharpest change came in the year to May 2022, when income rose by 61%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Assistance League of Albuquerque Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within NM. Charities of a similar size with the same main cause include Daniel D Cantor Senior Center ($1.0m), Montgomery Child Advocacy Project ($1.0m) and World Mate Foundation Inc ($1.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $2.5m against liabilities of $47k, net assets of $2.4m.