Amigos of Hidalgo County

Analysis

Amigos of Hidalgo County is a registered charity in United States, based in Mission, TX. It received its IRS tax-exemption ruling in July 1987, 39 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Amigos of Hidalgo County reported income of $470k and spending of $447k, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $434k to $470k (+8.3%), an average of +2.0% a year. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Amigos of Hidalgo County sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Southpointe Villa RHF Housing Inc ($470k), Connections of Cumberland County Inc ($470k) and Ahepo 100 Inc ($470k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. Other salaries and wages came to $74k. At year end it held assets of $1.4m against liabilities of $2.1m, net assets of -$669k. It reported 4 employees.