Fundacion Monte De Piedad, Iap

Fundacion Monte De Piedad, Iap is a registered social services nonprofit in Mexico. It is registered with the SAT (Servicio de Administracion Tributaria). It was founded in 2016 and has been operating for 10 years. Its registration number is FMP131125I72. GiveRadar's Integrity Assessment for the organization is 73/100, which reflects how much public information is available, not whether the charity is legitimate. The organization reports $123M in annual revenue. No red flags have been detected.

Fundacion Monte De Piedad, Iap's official registration number is FMP131125I72, as recorded in the national registry of Mexico.

Fundacion Monte De Piedad, Iap has a GiveRadar Integrity Assessment of 73/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 73 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. The charity allocates 99% of expenses to programs, which contributes positively to its score. For comparison, the average integrity assessment for social services charities in Mexico is 77/100.

Fundacion Monte De Piedad, Iap is based in Ciudad de México, Mexico. The organization was established in 2016 and has been active for 10 years.

Based on official tax filings, Fundacion Monte De Piedad, Iap has $123M in annual revenue. It allocates 99% of expenses to programs and services. This is above the average of 71% for social services charities in Mexico. Administrative costs account for 1% of expenses. Its revenue is significantly above the peer average of $16M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.

Fundacion Monte De Piedad, Iap is classified as a Social Services organization, registered in Mexico. It operates as an Asistencial. By size, it is categorized as a very-large organization. It has $123M in annual revenue.

No red flags have been detected for Fundacion Monte De Piedad, Iap. GiveRadar automatically screens charities for concerning patterns including high executive compensation, low program spending, and missing financial filings. Based on available official data, no issues have been identified.

According to GiveRadar's records, Fundacion Monte De Piedad, Iap is registered with the SAT (Servicio de Administracion Tributaria) and overseen by SAT. It reports that 99% of expenses go to programs (the peer average is 71%). GiveRadar provides data for research and does not endorse any organization. A GiveRadar Integrity Assessment reflects how much public data is available, not whether an organization is safe to donate to, so it is always smart to do your own research before giving.

QUINTA. Social object. The object of the institution is:I. To support economically other organizations and trusts authorized to receive income tax-deductible donations.II. To carry out humanitarian works, programmes and assistance actions, meeting basic requirements for subsistence of people of limited resources, indigenous communities and vulnerable groups by age, sex or disability, in the areas of food, health, clothing and housing. [.] Fundacion Monte De Piedad, Iap is classified as a social services organization registered in Mexico. The organization was founded in 2016.

Among social services charities registered in Mexico: It allocates 99% of expenses to programs, above the peer average of 71%. Its annual revenue of $123M is well above the peer average of $16M.

Fundacion Monte De Piedad, Iap is registered in Mexico. Donations to authorized donees (donatarias autorizadas) are tax-deductible up to 7% of your previous year's taxable income. The organization must be listed on SAT's official registry of authorized donees.