Migros Aid Inc

Analysis

Migros Aid Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in November 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Migros Aid Inc reported income of $187k and spending of $214k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $180k to $187k (+3.9%), an average of +3.9% a year. Over the whole period it spent 105% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Migros Aid Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within IN. Charities of a similar size with the same main cause include Alvaralice Foundation ($187k), Friends of Qalam School ($187k) and Ten Thousand Villages of Central Pennsylvania Inc ($187k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $29k against liabilities of $3,383, net assets of $25k.