Mexican Medical Incorporated

Analysis

Mexican Medical Incorporated is a registered charity in United States, based in Lemon Grove, CA. It received its IRS tax-exemption ruling in October 1967, 59 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Medical Incorporated reported income of $980k and spending of $1.1m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $980k (-9.8%), an average of -2.6% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Mexican Medical Incorporated sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include International Institute Foundation in Spain ($980k), Foundation Caring for Colombia Ltd ($981k) and Impact Global Health Alliance ($979k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $131k. At year end it held assets of $1.9m against liabilities of $294, net assets of $1.9m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.