U N M Lobo Club

Analysis

U N M Lobo Club is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in November 1968, 58 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 2023, U N M Lobo Club reported income of $5.6m and spending of $5.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $5.6m (+0.6%), an average of +0.1% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, U N M Lobo Club sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NM. Charities of a similar size with the same main cause include Hillels of Georgia Inc ($5.6m), Pennsylvania Chapter of the American Academy of Pediatrics ($5.6m) and Statewide Parent Advocacy Network Incorporated ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $6.8m against liabilities of $3.7m, net assets of $3.1m.