Mexican Cultural Institute of New York

Analysis

Mexican Cultural Institute of New York is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1992, 34 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, Mexican Cultural Institute of New York reported income of $115k and spending of $97k, spending 84% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $307k to $115k (-63%), an average of -39% a year. The sharpest change came in the year to December 2023, when income rose by 257%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Mexican Cultural Institute of New York sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Bending the Bow International ($115k), Olive Branch Fair Trade Inc ($115k) and Texas Water Mission Inc ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $316k against liabilities of $0, net assets of $316k.