Membership benefit organizations, mutual insurance, and cooperatives Analysis for New Mexico — revenue, assets, and AI-powered transparency reports.
Average spending breakdown for mutual benefit nonprofits in New Mexico based on IRS 990 filings:
Mutual Benefit nonprofits in New Mexico show strong program spending, directing 93% to charitable activities.
There are 100 mutual benefit nonprofits in New Mexico, classified under NTEE codes Y, with $107.6M in combined revenue.
The largest mutual benefit nonprofit in New Mexico by revenue is University Of New Mexico Retiree Welfare Benefit Tr with $71.6M in annual revenue.
On average, mutual benefit nonprofits in New Mexico spend 93% on programs, 7% on administration, and 0% on fundraising.
Check the organization's Mission Score, review red flags, examine spending breakdowns, and verify their IRS 990 filings on NonprofitSpending. Legitimate mutual benefit nonprofits typically spend 65%+ of their budget on programs.