New Mexico Society of Certified Public Accounts-Educational Fund

Analysis

New Mexico Society of Certified Public Accounts-Educational Fund is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in December 1967, 59 years ago. 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 June 2024, New Mexico Society of Certified Public Accounts-Educational Fund reported income of $51k and spending of $34k, leaving 33% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $28k to $51k (+82%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 50%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Mexico Society of Certified Public Accounts-Educational Fund sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within NM. Charities of a similar size with the same main cause include PTA Colorado Congress ($51k), New Hampshire Congress of Parents and Teachers ($51k) and Edina Historical Society Inc ($50k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% of the total. At year end it held assets of $506k against liabilities of $0, net assets of $506k.