The Committee for Hispanic Children and Families Inc

Analysis

The Committee for Hispanic Children and Families Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in June 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, The Committee for Hispanic Children and Families Inc reported income of $11.1m and spending of $8.9m, leaving 20% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.5m to $11.1m (+148%), an average of +26% a year. The sharpest change came in the year to September 2021, when income rose by 83%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Committee for Hispanic Children and Families Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Ralph Scott Lifeservices Inc ($11.1m), Alianza Nacional de Campesinas Inc ($11.1m) and Second Helpings Inc ($11.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $237k (2.7% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $9.6m against liabilities of $3.7m, net assets of $5.9m. It reported 140 employees.