Mediterranean Partners

Analysis

Mediterranean Partners is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in December 2014, 12 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 December 2023, Mediterranean Partners reported income of $97k and spending of $77k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $97k (+7.2%), an average of +7.2% a year. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mediterranean Partners sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Texas Brazos Trail Region ($96k), Behre Piano Associates Inc Adamant Music School ($97k) and Michigan Healthcare Cybersecurity Council Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.