Guate-Mex Vision Inc

Analysis

Guate-Mex Vision Inc is a registered charity in United States, based in Mission, TX. It received its IRS tax-exemption ruling in April 1976, 50 years ago. 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, Guate-Mex Vision Inc reported income of $195k and spending of $173k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $173k to $195k (+13%), an average of +13% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Guate-Mex Vision Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Earth Images Foundation ($195k), Caps of Santa Barbara Inc ($195k) and Etz Hchayim ($195k).

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 $77k against liabilities of $0, net assets of $77k.