| 1 | New Mexico Health Care Authority · Santa Fe | State and local governments | 184 | $38 billion |
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| 2 | State of New Mexico Public Education Department · Santa Fe | State and local governments | 131 | $4.0 billion |
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| 3 | New Mexico Department of Transportation · Santa Fe | State and local governments | 1,986 | $3.0 billion |
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| 4 | State of New Mexico Finance and Administration · Santa Fe | State and local governments | 66 | $1.2 billion |
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| 5 | New Mexico Department of Homeland Security and Emergency Management · Santa Fe | State and local governments | 70 | $1.1 billion |
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| 6 | State of New Mexico · Santa Fe | State and local governments | 159 | $813 million |
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| 7 | New Mexico Department of Information Technology · Santa Fe | State and local governments | 4 | $687 million |
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| 8 | Energy Minerals & Natural Resources Department · Santa Fe | State and local governments | 133 | $578 million |
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| 9 | University of New Mexico · Albuquerque | Colleges and universities | 656 | $546 million |
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| 10 | New Mexico Department of Finance & Administration · Santa Fe | State and local governments | 18 | $512 million |
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| 11 | University of New Mexico · Albuquerque | Colleges and universities | 305 | $490 million |
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| 12 | New Mexico State University · Las Cruces | Colleges and universities | 569 | $450 million |
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| 13 | Children Youth & Families New Mexico Dep · Santa Fe | State and local governments | 94 | $383 million |
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| 14 | State of New Mexico Workforce Solutions Department · Albuquerque | State and local governments | 101 | $369 million |
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| 15 | Eastern New Mexico Water Utility Authority · Clovis | State and local governments | 3 | $335 million |
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| 16 | New Mexico Institute of Mining and Technology · Socorro | Colleges and universities | 183 | $290 million |
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| 17 | New Mexico Environment Department · Santa Fe | State and local governments | 142 | $272 million |
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| 18 | Gallup-McKinley County School District No. 1 · Gallup | State and local governments | 11 | $195 million |
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| 19 | Presbyterian Medical Services · Santa Fe | Nonprofits | 16 | $182 million |
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| 20 | New Mexico Finance Authority · Santa Fe | State and local governments | 12 | $167 million |
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| 21 | Pueblo of Acoma · Pueblo Of Acoma | Tribal governments and organizations | 95 | $163 million |
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| 22 | Central Consolidated School · Shiprock | State and local governments | 11 | $143 million |
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| 23 | New Mexico Department of Wildlife · Santa Fe | State and local governments | 258 | $137 million |
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| 24 | Rio Metro Regional Transit District · Albuquerque | Other | 15 | $131 million |
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| 25 | Navajo Technical University · Crownpoint | Colleges and universities | 78 | $127 million |
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| 26 | New Mexico Mortgage Finance Authority · Albuquerque | State and local governments | 28 | $120 million |
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| 27 | New Mexico Division of Vocational Rehabilitation · Santa Fe | State and local governments | 23 | $113 million |
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| 28 | Department of Military Affairs · Santa Fe | State and local governments | 71 | $109 million |
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| 29 | Curia New Mexico LLC · Albuquerque | Businesses | 1 | $106 million |
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| 30 | Youth Development, Inc. · Albuquerque | Nonprofits | 17 | $100 million |
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| 31 | Kit Carson Electric Cooperative, Inc. · Taos | Nonprofits | 5 | $97.3 million |
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| 32 | City of Albuquerque · Albuquerque | State and local governments | 29 | $91.9 million |
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| 33 | Pueblo of Isleta · Isleta | Tribal governments and organizations | 133 | $86.0 million |
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| 34 | Santo Domingo Pueblo · Santo Domingo Pueblo | Tribal governments and organizations | 130 | $84.7 million |
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| 35 | NM Aging & Long Term Service Department · Santa Fe | State and local governments | 84 | $82.0 million |
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| 36 | Ben Archer Health Center, Inc. · Hatch | Nonprofits | 18 | $80.8 million |
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| 37 | Santa Fe Indian School, Inc. · Santa Fe | Tribal governments and organizations | 10 | $79.6 million |
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| 38 | Pueblo de San Felipe · Algodones | Tribal governments and organizations | 136 | $78.7 million |
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| 39 | City of Albuquerque · Albuquerque | State and local governments | 48 | $74.5 million |
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| 40 | Enmr Telephone Cooperative · Clovis | Nonprofits | 4 | $71.4 million |
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| 41 | State Engineer, New Mexico Office of the · Santa Fe | State and local governments | 14 | $71.1 million |
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| 42 | Central New Mexico Community College · Albuquerque | Colleges and universities | 14 | $68.7 million |
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| 43 | City of Albuquerque · Albuquerque | State and local governments | 16 | $66.9 million |
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| 44 | City of Las Cruces · Las Cruces | State and local governments | 59 | $65.0 million |
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| 45 | Alamogordo Public Schools · Alamogordo | State and local governments | 8 | $64.2 million |
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| 46 | Albuquerque Public School District · Albuquerque | State and local governments | 19 | $63.8 million |
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| 47 | New Mexico Department of Health · Santa Fe | State and local governments | 26 | $63.3 million |
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| 48 | New Mexico Department of Public Safety · Santa Fe | State and local governments | 58 | $61.3 million |
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| 49 | County of Lincoln · Carrizozo | State and local governments | 6 | $60.9 million |
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| 50 | Western New Mexico Telephone Company, Inc. · Cliff | Other | 2 | $58.7 million |
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| 51 | Mescalero Apache Tribe · Mescalero | Tribal governments and organizations | 64 | $56.4 million |
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| 52 | La Clinica de Familia Inc · Las Cruces | Nonprofits | 13 | $56.1 million |
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| 53 | Crime Victims Reparation Commission · Albuquerque | State and local governments | 20 | $54.5 million |
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| 54 | Pueblo of Zuni · Zuni | Tribal governments and organizations | 131 | $52.5 million |
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| 55 | County of Dona Ana · Las Cruces | State and local governments | 23 | $52.3 million |
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| 56 | Higher Educ Department · Santa Fe | State and local governments | 9 | $51.3 million |
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| 57 | Pueblo of Jemez · Jemez Pueblo | Tribal governments and organizations | 115 | $50.8 million |
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| 58 | Tribal Energy Consortium · Jemez Pueblo | Nonprofits | 1 | $50.0 million |
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| 59 | WNM Communications Corporation · Silver City | Other | 2 | $49.6 million |
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| 60 | First Choice Community Healthcare, Inc. · Albuquerque | Other | 6 | $49.3 million |
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| 61 | Central NM Electric Co-Operative Inc · Mountainair | Other | 2 | $46.9 million |
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| 62 | Zuni Public School District · Zuni | State and local governments | 11 | $46.4 million |
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| 63 | Lovelace Biomedical Research Institute · Albuquerque | Nonprofits | 34 | $44.6 million |
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| 64 | Mescalero Apache Telecom Inc. · Mescalero | Businesses | 1 | $43.9 million |
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| 65 | Albuquerque Area Indian Health Board Inc · Albuquerque | Tribal governments and organizations | 38 | $43.4 million |
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| 66 | Midwest New Mexico Community Action Prog · Los Lunas | Nonprofits | 3 | $39.3 million |
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| 67 | New Mexico Highlands University · Las Vegas | Colleges and universities | 30 | $36.8 million |
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| 68 | Three Rivers Education Foundation Inc · Farmington | State and local governments | 9 | $36.5 million |
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| 69 | El Centro Family Health · Espanola | Nonprofits | 12 | $36.3 million |
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| 70 | Albuquerque Housing Authority · Albuquerque | State and local governments | 48 | $36.1 million |
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| 71 | PNM · Albuquerque | Businesses | 1 | $35.6 million |
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| 72 | City of Gallup · Gallup | State and local governments | 15 | $35.2 million |
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| 73 | Eight Northern Indian Pueblos Council, Inc. · Ohkay Owingeh | Tribal governments and organizations | 102 | $33.8 million |
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| 74 | First Nations Community Health Source Inc · Albuquerque | Nonprofits | 20 | $33.5 million |
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| 75 | City of Santa Fe · Santa Fe | State and local governments | 29 | $32.0 million |
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| 76 | Public Charter Schools of New Mexico · Albuquerque | Colleges and universities | 1 | $31.9 million |
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| 77 | Pueblo of Taos · Taos | Tribal governments and organizations | 61 | $31.9 million |
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| 78 | San Juan College · Farmington | Colleges and universities | 32 | $31.7 million |
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| 79 | Bernalillo Public Schools · Bernalillo | State and local governments | 12 | $31.0 million |
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| 80 | La Familia Medical Center · Santa Fe | Other | 5 | $30.7 million |
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| 81 | Santa Clara Pueblo · Espanola | Tribal governments and organizations | 90 | $30.5 million |
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| 82 | Native Forward Scholars Fund · Albuquerque | Nonprofits | 2 | $30.4 million |
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| 83 | Institute of American Indian Arts · Santa Fe | Tribal governments and organizations | 30 | $29.4 million |
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| 84 | Ohkay Owingeh Tribal Council · Ohkay Owingeh | Tribal governments and organizations | 77 | $29.0 million |
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| 85 | Southwestern Indian Polytechnic Institute · Albuquerque | Tribal governments and organizations | 17 | $29.0 million |
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| 86 | City of Clovis · Clovis | State and local governments | 16 | $28.8 million |
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| 87 | National Indian Council on Aging · Albuquerque | Nonprofits | 17 | $28.5 million |
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| 88 | Southeast New Mexico Community Action Corp · Carlsbad | Nonprofits | 6 | $28.4 million |
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| 89 | Eastern New Mexico University · Portales | Colleges and universities | 16 | $27.3 million |
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| 90 | Blind New Mexico Commission for · Santa Fe | State and local governments | 14 | $27.0 million |
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| 91 | City of Farmington · Farmington | State and local governments | 38 | $26.6 million |
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| 92 | Zuni Housing Authority · Zuni | Tribal governments and organizations | 8 | $26.4 million |
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| 93 | Eastern New Mexico University · Roswell | Colleges and universities | 11 | $25.1 million |
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| 94 | County of Lea · Lovington | State and local governments | 33 | $25.0 million |
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| 95 | Northern New Mexico College · Espanola | Colleges and universities | 16 | $24.9 million |
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| 96 | Hidalgo Medical Services · Lordsburg | Other | 9 | $23.9 million |
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| 97 | Las Cruces School District 2 · Las Cruces | State and local governments | 5 | $23.5 million |
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| 98 | Santa Fe Community College · Santa Fe | State and local governments | 27 | $22.7 million |
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| 99 | Five Sandoval Indian Pueblos Inc · Rio Rancho | Tribal governments and organizations | 70 | $22.5 million |
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| 100 | Eastern Plains C.A.A., Inc. · Tucumcari | Nonprofits | 2 | $22.5 million |
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