Mexican Coalition for the Empowerment of Youth and Families

Analysis

Mexican Coalition for the Empowerment of Youth and Families is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Mexican Coalition for the Empowerment of Youth and Families reported income of $1.5m and spending of $1.4m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $275k to $1.5m (+439%), an average of +52% a year. The sharpest change came in the year to June 2020, when income rose by 97%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mexican Coalition for the Empowerment of Youth and Families sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Exploration Station ($1.5m), Southeast Alaska Food Bank ($1.5m) and The Montgomery County Agricultural Society ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $23k (1.7% of expenses). Other salaries and wages came to $781k. At year end it held assets of $751k against liabilities of $11k, net assets of $740k. It reported 48 employees.