Skip to the page content
Your donations
Passes our checks

New Mexico Climate Investment Center

EIN 93-2346582 · Santa Fe, NM

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak7 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Only 36% of its spending went to programs.
  • Raising each dollar of donations cost 89 cents.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

To address climate change by investing in New Mexico projects that reduce greenhouse gas emissions climate impacts and energy cost burdens prioritizing underserved communities.

Income
$537,399
Spending
$936,511
Spent on programs
36%
Reserves
-0.9 months of spending
Largest source of income
investment income, 74%
Employees
5
Volunteers
0
Highest pay
$120,000, chief operating officer

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 7 out of 100. Higher than 0% of charities in its peer group (environment, $250k to $1m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    2 of 20

    It owes 99% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 74% of income.

  • Income trend

    5 of 15

    Income fell 10% on the year before.

  • Spending floor

    0 of 15

    36% of spending went to programs and raising each dollar of donations cost 89 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 94% of charities in its peer group (environment, $250k to $1m).

  • Independent board

    25 of 25

    8 of 8 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $124,748 spent. RENEWABLE ENERGY - Providing low-cost renewable energy loans to New Mexico developers of small to mid-sized projects designed to reduce climate impacts of the power generation sector and energy cost burden for residents below the federal poverty line.
  2. $144,626 spent. BUILDING DECARBONIZATION - Focused on helping developers and homeowners invest in high-payback energy efficiency upgrades that will reduce utility costs increase electrification and reduce water use.
  3. $58,697 spent. AGRICULTURE - Supports and prioritizes agricultural producers aggregators and distributors who are adopting and supporting regenerative practices and increasing community resilience.
  4. $6,954 spent. WATER INFRASTRUCTURE Focused on water efficiency projects which reduce usage and pumping needs in agriculture and residential commercial buildings.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.