Congressional Hispanic Leadership Institute Inc

Analysis

Congressional Hispanic Leadership Institute Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Congressional Hispanic Leadership Institute Inc reported income of $2.0m and spending of $1.6m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.0m (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Congressional Hispanic Leadership Institute Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 66th percentile within DC. Charities of a similar size with the same main cause include Madison Museum of Contemporary Art Inc ($2.0m), Wenatchee River Institute ($2.0m) and Cleveland Music Foundation Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $186k (12% of expenses). Other salaries and wages came to $312k. It paid $74k in professional fundraising fees. At year end it held assets of $2.1m against liabilities of $230k, net assets of $1.8m. It reported 9 employees.