Hispanic Heritage Scholarship Fund of Metro Orlando Inc

Analysis

Hispanic Heritage Scholarship Fund of Metro Orlando Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hispanic Heritage Scholarship Fund of Metro Orlando Inc reported income of $452k and spending of $405k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $174k to $452k (+159%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 46%. 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, Hispanic Heritage Scholarship Fund of Metro Orlando Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include True Believers Community Connections ($452k), Monroe County Christian School ($453k) and Finneytown Schools Educational Foundation Inc ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $1.2m against liabilities of $2,904, net assets of $1.2m. It reported 1 employees.