Dr Karen M Trujillo Memorial Foundation

Analysis

Dr Karen M Trujillo Memorial Foundation is a registered charity in United States, based in Las Cruces, NM. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Dr Karen M Trujillo Memorial Foundation reported income of $165k and spending of $117k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $198k to $165k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dr Karen M Trujillo Memorial Foundation sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within NM. Charities of a similar size with the same main cause include Northeast Christian High School ($165k), Valley Forge Elementary School Parent-Teacher Organization ($165k) and Plainfield Youth Assistance Program Inc ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $148k against liabilities of $0, net assets of $148k.