Hispanic Brotherhood of Rockville Centre Inc

Analysis

Hispanic Brotherhood of Rockville Centre Inc is a registered charity in United States, based in Rockville Ctr, NY. It received its IRS tax-exemption ruling in March 1987, 39 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 June 2024, Hispanic Brotherhood of Rockville Centre Inc reported income of $1.2m and spending of $1.1m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $749k to $1.2m (+54%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hispanic Brotherhood of Rockville Centre Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Living at Home of the Park Rapids Area ($1.2m), Sephardic Multi Service Senior Citizens Center Inc ($1.2m) and Omaha Bridges Out of Poverty Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $173k (16% of expenses). Other salaries and wages came to $545k. At year end it held assets of $1.1m against liabilities of $226k, net assets of $827k.