Mexico Ministries Inc

Analysis

Mexico Ministries Inc is a registered charity in United States, based in Denison, TX. It received its IRS tax-exemption ruling in May 1984, 42 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2023, Mexico Ministries Inc reported income of $348k and spending of $422k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $495k to $348k (-30%), an average of -8.4% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Mexico Ministries Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include U S Foundation for the University of Victoria ($348k), The Albert Einstein Institution Inc ($349k) and Global Charitable Resources Inc ($348k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $115k (27% of expenses). Other salaries and wages came to $29k. At year end it held assets of $560k against liabilities of $2,433, net assets of $558k. It reported 5 employees.