Mision de Caridad

Analysis

Mision de Caridad is a registered charity in United States, based in Arlington, MA. It received its IRS tax-exemption ruling in September 2019, 7 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 December 2023, Mision de Caridad reported income of $649k and spending of $616k, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $214k to $649k (+203%), an average of +45% a year. The sharpest change came in the year to December 2022, when income rose by 68%. 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, Mision de Caridad sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include The M I S S Incorporated of the Treasure Coast ($649k), Fountain Valley Community Foundation ($649k) and Lafayette Square Area Coalition Inc ($649k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $37k (6.0% of expenses). Other salaries and wages came to $91k. At year end it held assets of $168k against liabilities of $22k, net assets of $146k. It reported 10 employees.