Multi Ethnic Advocates for Cultural Competence Inc
Analysis
Multi Ethnic Advocates for Cultural Competence Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Multi Ethnic Advocates for Cultural Competence Inc reported income of $1.4m and spending of $1.4m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $277k to $1.4m (+404%), an average of +50% a year. The sharpest change came in the year to June 2021, when income rose by 206%. Over the whole period it spent 101% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Multi Ethnic Advocates for Cultural Competence Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include German Old Folks Home Inc ($1.4m), United Cerebral Palsy of Middle Tennessee Inc ($1.4m) and Launch ($1.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $92k (6.5% of expenses). Other salaries and wages came to $243k. At year end it held assets of $477k against liabilities of $225k, net assets of $253k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Program services 6.3%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| German Old Folks Home Inc | Lawrence | $1.4m |
| United Cerebral Palsy of Middle Tennessee Inc | Nashville | $1.4m |
| Launch | Denham SPGS | $1.4m |
| Equine Assisted Growth and Learning Association Inc | Salt Lake City | $1.4m |