Mercer County Hispanic Association Inc

Analysis

Mercer County Hispanic Association Inc is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mercer County Hispanic Association Inc reported income of $465k and spending of $438k, spending 94% of its income. Across the 5 years on record, from June 2017 to June 2023, income grew from $91k to $465k (+411%), an average of +50% a year. The sharpest change came in the year to June 2021, when income rose by 335%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mercer County Hispanic Association Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Emerald M Therapeutic Riding Center Inc ($465k), Many Mothers ($465k) and Hamilton County Harvest Food Bank Inc ($465k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Other salaries and wages came to $318k. At year end it held assets of $96k against liabilities of $9,372, net assets of $86k. It reported 7 employees.