Amigos Internacionales Corporation

Analysis

Amigos Internacionales Corporation is a registered charity in United States, based in Commerce, TX. It received its IRS tax-exemption ruling in December 1968, 58 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Amigos Internacionales Corporation reported income of $573k and spending of $666k, spending 116% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $271k to $573k (+112%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 297%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Amigos Internacionales Corporation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Vepp Inc ($573k), Sandpoint Area Seniors Inc ($573k) and Family Crisis Services Inc ($573k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (9.0% of expenses). Other salaries and wages came to $26k. At year end it held assets of $434k against liabilities of $757, net assets of $433k. It reported 2 employees.