Financial Information for New Mexico Works

New Mexico Works's annual revenue was $427K in tax year 2024, reported on their IRS Form 990. They spent $415K in total expenses. 90% went to programs and services.

Financial Breakdown

What is New Mexico Works's total annual expenses?

New Mexico Works spent $415K in tax year 2024, according to their IRS Form 990 filing.

How much of New Mexico Works's budget goes to programs?

New Mexico Works spent $371K (90% of expenses) on programs and services in tax year 2024.

How much does New Mexico Works spend on overhead?

New Mexico Works's overhead in tax year 2024 includes administrative (4%) and fundraising (6%) of their expenses.

What is New Mexico Works's net worth?

New Mexico Works had net assets of $72K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.