Algo Mas Inc

Analysis

Algo Mas Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in September 2020, 6 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, Algo Mas Inc reported income of $285k and spending of $254k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $319k to $285k (-11%), an average of -5.6% a year. The sharpest change came in the year to December 2022, when income dropped by 27%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Algo Mas Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include His Work Foundation ($284k), Yeabe Medical Center and Rehabilitation Ltd ($285k) and Keiki International Foundation ($284k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $85k. At year end it held assets of $54k against liabilities of $24k, net assets of $30k. It reported 4 employees.