Mexicayotl Academy of Excellence

Analysis

Mexicayotl Academy of Excellence is a registered charity in United States, based in Nogales, AZ. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Mexicayotl Academy of Excellence reported income of $4.4m and spending of $2.9m, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $4.4m (+87%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mexicayotl Academy of Excellence sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within AZ. Charities of a similar size with the same main cause include Higher Education Library Information Network Helin Inc ($4.4m), Central Community College Foundation Inc ($4.4m) and Piedmont Educational Foundation ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $186k (6.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.8m against liabilities of $1.8m, net assets of $3.0m. It reported 53 employees.