Mexican American Catholic College
Analysis
Mexican American Catholic College is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in December 1972, 54 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 suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending July 2022, Mexican American Catholic College reported income of $2.7m and spending of $2.2m, spending 83% of its income. Across the 4 years on record, from July 2019 to July 2022, income fell from $2.9m to $2.7m (-8.4%), an average of -2.9% a year. The sharpest change came in the year to July 2021, when income dropped by 28%. Over the whole period it spent 100% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mexican American Catholic College sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Norsk Hostfest Association ($2.7m), Tulsa Symphony Orchestra Inc ($2.7m) and Chicago Opera Theater ($2.7m).
On its Form 990 for the period ending July 2022, revenue came from contributions and grants 31% and program service revenue 64% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $4.7m against liabilities of $627k, net assets of $4.1m. It reported 33 employees.
Income and spending
Where the income comes from
- Contributions & grants 31%
- Program services 64%
- Other 5.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Norsk Hostfest Association | Minot | $2.7m |
| Tulsa Symphony Orchestra Inc | Tulsa | $2.7m |
| Chicago Opera Theater | Chicago | $2.7m |
| Midwest Old Settlers and Threshers Assn Inc | Mt Pleasant | $2.7m |