Sociedad Mutualista Obrera Mexicana

Analysis

Sociedad Mutualista Obrera Mexicana is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 1987, 39 years ago. 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 December 2022, Sociedad Mutualista Obrera Mexicana reported income of $241k and spending of $32k, leaving 87% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $138k to $241k (+75%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sociedad Mutualista Obrera Mexicana 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 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($241k), Little League Baseball Inc ($241k) and North Dakota United Foundation ($241k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $250k against liabilities of $0, net assets of $250k.