Eugenio Maria de Hostos Community

Analysis

Eugenio Maria de Hostos Community is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in December 1980, 46 years ago. 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 June 2023, Eugenio Maria de Hostos Community reported income of $494k and spending of $437k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $709k to $494k (-30%), an average of -8.7% a year. The sharpest change came in the year to June 2022, when income dropped by 21%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eugenio Maria de Hostos Community sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Christ Life Ministries ($494k), Girls Incorporated of San Diego County ($494k) and Phi Beta Psi Sorority ($494k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 87% of the total. Other salaries and wages came to $77k. At year end it held assets of $1.2m against liabilities of $341k, net assets of $896k. It reported 15 employees.