Explore Academy Las Cruces Foundation

Analysis

Explore Academy Las Cruces Foundation is a registered charity in United States, based in Las Cruces, NM. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Explore Academy Las Cruces Foundation reported income of $307k and spending of $2.5m, spending 828% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $275 to $307k (+111400%), an average of +111400% a year. The sharpest change came in the year to June 2023, when income rose by 111400%. Over the whole period it spent 1187% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Explore Academy Las Cruces Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within NM. Charities of a similar size with the same main cause include Women in Interventional Endoscopy ($307k), Womens Field Association of Northwestern Mutual Inc ($307k) and North High Alumni Foundation ($307k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 59% of the total. At year end it held assets of $20.3m against liabilities of $23.7m, net assets of -$3.3m.