Multicultural Media & Correspondents Association

Analysis

Multicultural Media & Correspondents Association is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Multicultural Media & Correspondents Association reported income of $496k and spending of $437k, spending 88% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $236k to $496k (+110%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 80% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Multicultural Media & Correspondents Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 43rd percentile within DC. Charities of a similar size with the same main cause include Reevolution ($495k), Aldea - the Peoples Justice Center ($496k) and Everyday Peace Indicators ($495k).

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 $4,544 against liabilities of $227k, net assets of -$222k.