Masa-Mexed Inc

Analysis

Masa-Mexed Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Masa-Mexed Inc reported income of $223k and spending of $230k, spending 103% of its income. Across the 6 years on record, from May 2019 to June 2023, income fell from $774k to $223k (-71%), an average of -22% a year. The sharpest change came in the year to June 2023, when income dropped by 86%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Masa-Mexed Inc 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 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Partners in Education Foundation ($223k), Ivoryton Library Assocation ($223k) and E B Scripps Elementary School Academic Fundraising Partnership ($223k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $14k (6.1% of expenses). Other salaries and wages came to $69k. At year end it held assets of $1.8m against liabilities of $308k, net assets of $1.5m.