Mexican Heritage Association of West Michigan

Analysis

Mexican Heritage Association of West Michigan is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Mexican Heritage Association of West Michigan reported income of $114k and spending of $142k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $121k to $114k (-5.7%), an average of -5.7% a year. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mexican Heritage Association of West Michigan sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within MI. Charities of a similar size with the same main cause include Chicago Fashion Development NFP ($114k), Spring-Ford Music Association ($114k) and Gloatl Inc ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 37% of the total. At year end it held assets of $1 against liabilities of $3,143, net assets of -$3,142.