Adelante Hispanic Achievers Inc

Analysis

Adelante Hispanic Achievers Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2024, Adelante Hispanic Achievers Inc reported income of $230k and spending of $178k, leaving 22% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $231k to $230k (-0.7%), an average of -0.3% a year. The sharpest change came in the year to June 2024, when income rose by 41%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Adelante Hispanic Achievers Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within KY. Charities of a similar size with the same main cause include West Babylon Community Youth Center Inc ($230k), Whiskey and Wishes Inc ($230k) and Streets 517 Ministries ($229k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $107k. At year end it held assets of $106k against liabilities of $2,897, net assets of $103k. It reported 5 employees.