Board of Hispanic Caucus Chairs

Analysis

Board of Hispanic Caucus Chairs is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Board of Hispanic Caucus Chairs reported income of $310k and spending of $352k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $310k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Board of Hispanic Caucus Chairs sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Shared Spaces Foundation ($310k), Timber Lake & Area Development Inc ($310k) and Stevenson Downtown Association ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $63k. At year end it held assets of $67k against liabilities of $4,387, net assets of $62k. It reported 1 employees.