Association for the Advancement of Mexican Americans

Analysis

Association for the Advancement of Mexican Americans is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 1972, 54 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 August 2023, Association for the Advancement of Mexican Americans reported income of $22.3m and spending of $22.7m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $15.7m to $22.3m (+42%), an average of +9.1% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Association for the Advancement of Mexican Americans sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Aging Services of North Central Massachusetts Inc ($22.3m), Youth and Family Alliance ($22.3m) and Cascade Pace Inc ($22.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $1.3m (5.8% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $17.0m against liabilities of $8.7m, net assets of $8.4m. It reported 333 employees.