Mr Amigo Association of Brownsville Texas Incorporated

Analysis

Mr Amigo Association of Brownsville Texas Incorporated is a registered charity in United States, based in Brownsville, TX. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 May 2024, Mr Amigo Association of Brownsville Texas Incorporated reported income of $79k and spending of $94k, spending 119% of what it took in. Across the 3 years on record, from May 2022 to May 2024, income grew from $50k to $79k (+57%), an average of +25% a year. The sharpest change came in the year to May 2023, when income rose by 581%. Over the whole period it spent 39% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mr Amigo Association of Brownsville Texas Incorporated sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Dom Research Center Inc ($79k), Woodside Community Theatre Inc ($79k) and South Austin Museum of Popular Culture ($79k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 99% and program service revenue 3.8% of the total. At year end it held assets of $548k against liabilities of $187k, net assets of $362k.