Gujrati Samaj of New Mexico

Analysis

Gujrati Samaj of New Mexico is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Gujrati Samaj of New Mexico reported income of $54k and spending of $46k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $106k to $54k (-49%), an average of -49% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gujrati Samaj of New Mexico sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 17th percentile within NM. Charities of a similar size with the same main cause include Northbrook Womans Club Foundation Inc ($54k), Society for Creative Anachronism Inc ($54k) and Cypreco of America Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 30% of the total. At year end it held assets of $135k against liabilities of $0, net assets of $135k.