Skip to content

Funding by state · NM

Grantmaking in New Mexico

528 grantmakers are based in New Mexico. Together they granted $546M across the 2022 and 2023 filings, the 44th most of any state, and kept 69% of it in New Mexico. Funding here stays close to home, the 29th most in-state of any state.

New Mexico's 9,361 nonprofits, by cause, size and age ↓
528
grantmakers
43rd of 52
$546M
granted, FY2022 and FY2023
44th of 52
$129
given per resident, per year
48th of 51
69%
stays in-state
29th of 52

The short version

  • 528 grantmakers are based in New Mexico, granting $546M across the FY2022 and FY2023 IRS filings, the 44th most of any state.
  • 69% of grant dollars from New Mexico funders stayed in New Mexico; the rest went to organizations in other states.
  • New Mexico's grantmakers give $129 a year for every resident of the state.
  • New Mexico is a net importer of grant money, its organizations drawing $466M more from other states than New Mexico funders send to them.
  • Grant money reaching New Mexico organizations goes to civil rights and advocacy at 2.04× the national rate.
  • New Mexico has 9,361 organizations registered with the IRS as 501(c)(3)s, 44 for every 10,000 residents; 91% of its public charities that report revenue or file the e-Postcard take in under $1 million a year.

Where New Mexico sits among the states

Each dot is a state, sized by its grant dollars. New Mexico is in green.

Given per resident, per year

NM
$103$7,460

Share that stays in-state

NM
0%100%

Net flow with other states

NM
−$4.8B+$3.5B

New Mexico and the other states

New Mexico's organizations draw $466M more from other states' foundations than New Mexico's send out. Switch direction to see who it funds and who funds it.

Largest destinations
  1. New York$33M
  2. California$28M
  3. Texas$26M
  4. Washington, D.C.$23M
  5. Illinois$7.4M
  6. Colorado$6.7M

Donor-advised funds, related-party transfers and regrants through intermediaries are left out, so these ties show where the state's own grantmakers reach.

$376M stays in-stateNew MexicoGRANTMAKING$635Mimported from funders elsewhere$169Mexported to orgs elsewhere
New Mexico is a net importer of grant money, $466M more arrives than leaves.

Largest funders based in New Mexico

Grantmakers headquartered in New Mexico, sized by total grants made. Pick one for its dossier.

Organizations in New Mexico that draw the most

The nonprofits in New Mexico that received the most grant money.

Biggest funders reaching in from elsewhere

Out-of-state funders sending the most money to organizations in New Mexico.

What draws money in New Mexico, against the country

Each cause by how much of the grant money reaching New Mexico's organizations it takes, relative to the national rate. Right of the line is overweight, left underweight. New Mexico is most overweight on civil rights and advocacy, at 2.04× the national rate. Dot size is the cause's share.

0.25×0.5×national2×4×Education36% · 1.56×Arts and culture11% · 1.45×Human services10% · 1.01×Community development5% · 1.62×Civil rights and advocacy5% · 2.04×Environment4% · 0.8×

Where the money goes by org size

Grant dollars to organizations in New Mexico, by the recipient's size, against the national average (the marker). New Mexico sends a larger share to $1M to $10M organizations than the country as a whole, and less to $100M and up.

Under $100k1% vs 1% national
$100k to $1M21% vs 10% national
$1M to $10M45% vs 31% national
$10M to $100M32% vs 33% national
$100M and up0% vs 26% national

Find funders by cause in New Mexico

Who funds each cause in New Mexico, with the largest funders and how to reach them.

The nonprofit sector · NM

New Mexico's nonprofits

New Mexico has 9,361 organizations registered with the IRS as 501(c)(3)s: 8,835 public charities, 2,024 of them congregations, and 526 private foundations. 91% of the public charities that report revenue or file the e-Postcard take in under $1 million a year, and together they report 5% of the sector's revenue. The largest 1% report 64%.

9,361
registered 501(c)(3)s
39th of 52
44
per 10,000 residents
44th of 51
$9.6B
charity revenue, latest returns
45th of 52
27%
file a full Form 990 or 990-EZ
25th of 52

Registered 501(c)(3)s per 10,000 residents

NM
34164

Each dot is a state, sized by its number of 501(c)(3)s. New Mexico is in green.

What they do, by count and by money

Religion is the largest group by number, 26% of New Mexico's public charities and 1% of their revenue. Health is 6% of the charities and 60% of the revenue. New Mexico has 1.49× the national share of animals charities.

Share of charitiesShare of revenue

The thin mark on the left is the national share of charities in the same cause.

Many small, a few very large

Public charities by the revenue on their latest return. Each band is drawn twice: by its share of the charities on top, and by its share of the revenue underneath.

Charities6,721 reporting revenue or filing the e-Postcard
Revenue
  • Under $50k
    66% of charities · under 0.1% of revenue
  • $50k to $250k
    15% of charities · 1% of revenue
  • $250k to $1M
    10% of charities · 4% of revenue
  • $1M to $10M
    8% of charities · 16% of revenue
  • $10M to $100M
    1% of charities · 27% of revenue
  • $100M and up
    0.1% of charities · 52% of revenue

What the IRS sees

Only charities filing a Form 990 or 990-EZ report their finances. Financial figures about nonprofits, here and in any study built on 990s, describe 27% of New Mexico's public charities.

  • 27% file a Form 990 or 990-EZ
    2,393 charities · 26% nationally
  • 49% file only the e-Postcard (990-N)
    4,339 charities · 54% nationally
  • 24% file no return of their own (mostly congregations)
    2,103 charities · 20% nationally

How new they are

Half of New Mexico's public charities were recognized by the IRS in 2009 or later, and 27% since 2020 (32% nationally). The register lists only organizations still recognized, so the older decades count survivors.

12%
Before 1970
7%
1970s
7%
1980s
10%
1990s
14%
2000s
23%
2010s
27%
2020s

The line across each bar is the national share for that decade. The 2020s are a partial decade.

How they are doing

Financial health of the charities that file full returns, against every state.

42%
ran a deficit
42% nationally · 24th highest of 52
5.5
months of cash, median
5.4 nationally · 26th highest of 52
17%
in deficit on under three months of cash
18% nationally · 32nd highest of 52

FY2023 returns from 2,659 New Mexico charities filing a Form 990 or 990-EZ and spending $50k or more; cash figures are from the 1,937 full 990 filers among them. The national health report.

Counts, causes, revenue and recognition dates are from the IRS Exempt Organizations Business Master File, which records recognitions through May 2026. A charity is placed by its mailing address. Causes are NTEE major groups, with health's sub-groups folded in; a congregation the IRS has given no NTEE code counts under religion. Revenue is each organization's own latest return, summed, so payments between related organizations are counted on both sides.

Questions and answers

What does it mean for grant money to stay in-state?
It is the share of grants made by funders based in New Mexico that reached organizations also located in New Mexico, rather than organizations in other states. A high share means local funders mostly back local causes; a low one means the money largely leaves.
Is New Mexico a major grantmaking state?
New Mexico ranks 44th of the 52 states and territories by grant dollars from resident funders. The largest grantmaking states are California and New York; the most outward, where money mostly leaves, are domiciles like Delaware.
How can a nonprofit find funders in New Mexico?
Start with the largest grantmakers based in New Mexico, currently University of New Mexico Foundation Inc and Eugene V and Clare E Thaw Charitable Trust. Out-of-state funders also reach in, led by Shelby Cullom Davis Charitable Fund Inc. Grant money reaching New Mexico favors civil rights and advocacy above the national rate, so funders active there are worth approaching.
How many nonprofits are there in New Mexico?
9,361 organizations in New Mexico are registered with the IRS as 501(c)(3)s: 8,835 public charities, 2,024 of them congregations, and 526 private foundations. Only 27% of the public charities file a full Form 990 or 990-EZ; 49% file only the e-Postcard, for organizations normally taking in $50,000 or less, and the rest, mostly congregations, file no return of their own. The count is from the IRS Exempt Organizations Business Master File.
How recent is this New Mexico grant data?
It is read from IRS Form 990 and 990-PF e-file filings for fiscal years 2022 and 2023, the two years with complete coverage. US charity filings lag 12 to 24 months, so this is the most recent complete picture.

More from the funding graph

Read from IRS Form 990 and 990-PF e-file XML for fiscal years 2022 and 2023. A funder is placed by the state on its most recent filing. Grants only: payments into and out of donor-advised fund sponsors, transfers to related organizations, regrants through intermediaries, non-philanthropic payments and grants to individuals are left out. In-state share is among grants whose recipient state is known; ties with other states and the net flow count only grants placed at both ends. Residents are Census ACS 5-year estimates (2019 to 2023). Source: IRS Form 990 downloads.