Somos Amigos Medical Missions

Analysis

Somos Amigos Medical Missions is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Somos Amigos Medical Missions reported income of $400k and spending of $440k, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $430k to $400k (-6.9%), an average of -2.4% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Somos Amigos Medical Missions sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Dalton-Whitfield Indigent Care TR ($400k), Furniture Friends ($400k) and Elmore County Domestic Violence Council ($400k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $94k (21% of expenses). Other salaries and wages came to $31k. At year end it held assets of $376k against liabilities of $6,672, net assets of $370k. It reported 1 employees.