Mesoamerican Development Institute Corporation

Analysis

Mesoamerican Development Institute Corporation is a registered charity in United States, based in Upton, MA. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mesoamerican Development Institute Corporation reported income of $241k and spending of $239k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $356k to $241k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Mesoamerican Development Institute Corporation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Kito Impact Foundation ($240k), South Florida Haiti Project Inc ($241k) and Sasamani Foundation Inc ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $4,742 (2.0% of expenses). At year end it held assets of $274k against liabilities of $14k, net assets of $259k.