Mexican American Council Inc

Analysis

Mexican American Council Inc is a registered charity in United States, based in Homestead, FL. It received its IRS tax-exemption ruling in June 2001, 25 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 December 2022, Mexican American Council Inc reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 3 years on record, from December 2019 to December 2022, income grew from $767k to $1.3m (+66%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mexican American Council Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Young Mens Christian Association of Oswego Inc ($1.3m), Park Hill Residence Inc ($1.3m) and Good Samaritan Center of Loudon County ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $519k. At year end it held assets of $679k against liabilities of $166k, net assets of $513k. It reported 19 employees.