Morris County Organization for Hispanic Affairs Inc

Analysis

Morris County Organization for Hispanic Affairs Inc is a registered charity in United States, based in Dover, NJ. It received its IRS tax-exemption ruling in January 1977, 49 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 December 2023, Morris County Organization for Hispanic Affairs Inc reported income of $2.6m and spending of $2.4m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.6m (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Morris County Organization for Hispanic Affairs Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Credit Advisors Foundation ($2.6m), Laurel Advocacy and Referral Services Inc ($2.6m) and Jeremiahs Inn Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.3m against liabilities of $530k, net assets of $765k. It reported 31 employees.