Homes for Orphans of Mexican Extraction Inc

Analysis

Homes for Orphans of Mexican Extraction Inc is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in May 1991, 35 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, Homes for Orphans of Mexican Extraction Inc reported income of $642k and spending of $500k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $252k to $642k (+155%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 84%. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Homes for Orphans of Mexican Extraction Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include International Pediatric Transplant Association Inc ($642k), Life Child Africa Foundation ($642k) and Physicians for Social Responsibility Inc ($642k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $226k. At year end it held assets of $572k against liabilities of $11k, net assets of $561k.