New Mexico Amigos Foundation

Analysis

New Mexico Amigos Foundation is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in September 2022, 4 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 December 2023, New Mexico Amigos Foundation reported income of $100k and spending of $18k, leaving 82% of income unspent that year. Over the whole period it spent 18% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Mexico Amigos Foundation sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within NM. Charities of a similar size with the same main cause include Dominic S Mission Corp ($100k), Food for the Journey Project ($100k) and Cultured Pearls of Service Incorporated ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.