Hermandad Mexicana Nacional

Analysis

Hermandad Mexicana Nacional is a registered charity in United States, based in N Hollywood, CA. It received its IRS tax-exemption ruling in November 1990, 36 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Hermandad Mexicana Nacional reported income of $1.8m and spending of $1.4m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.8m (+49%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hermandad Mexicana Nacional sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($1.8m), Future Foundation Inc ($1.8m) and Boys Clubs of Brazos County Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $88k (6.1% of expenses). Other salaries and wages came to $491k. At year end it held assets of $3.1m against liabilities of $1.5m, net assets of $1.7m. It reported 23 employees.