Multi-Assistance Center Management Company

Analysis

Multi-Assistance Center Management Company is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Multi-Assistance Center Management Company reported income of $2.8m and spending of $2.3m, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $775k to $2.8m (+256%), an average of +256% a year. The sharpest change came in the year to December 2023, when income rose by 256%. Over the whole period it spent 146% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Multi-Assistance Center Management Company sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include FMHM Community Living ($2.8m), Commonhealth Action ($2.8m) and Timely Mission Nursing Home ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% of the total. Compensation of current officers, directors and key employees was $357k (15% of expenses). At year end it held assets of $213k against liabilities of $2.1m, net assets of -$1.9m. It reported 9 employees.