Mexican Heritage Society of Port Arthur Inc

Analysis

Mexican Heritage Society of Port Arthur Inc is a registered charity in United States, based in Groves, TX. It received its IRS tax-exemption ruling in February 2014, 12 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 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, Mexican Heritage Society of Port Arthur Inc reported income of $51k and spending of $34k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $43k to $51k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 416%. Over the whole period it spent 80% 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 Heritage Society of Port Arthur Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within TX. Charities of a similar size with the same main cause include Up Theater Company Inc ($51k), Hip Hop Re- Education Project Inc ($51k) and Van Wert County Historical Society Inc ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.