New Mexico Christian Childrens Home Inc

Analysis

New Mexico Christian Childrens Home Inc is a registered charity in United States, based in Portales, NM. It received its IRS tax-exemption ruling in May 1964, 62 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, New Mexico Christian Childrens Home Inc reported income of $4.3m and spending of $4.1m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.8m to $4.3m (-26%), an average of -7.2% a year. The sharpest change came in the year to June 2020, when income dropped by 22%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Mexico Christian Childrens Home Inc sits at the 90th percentile: it is larger than about 90% 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 Tuscaloosa Family Resource Center Inc ($4.3m), Tri-County Community Action Agency Inc ($4.3m) and Contra Costa Youth Service Bureau ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 0.1% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $38.1m against liabilities of $397k, net assets of $37.7m. It reported 40 employees.