Hispanic Chamber of Commerce of Louisiana Foundation

Analysis

Hispanic Chamber of Commerce of Louisiana Foundation is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover employment, 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, Hispanic Chamber of Commerce of Louisiana Foundation reported income of $178k and spending of $159k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $178k to $178k (+0.0%), an average of +0.0% a year. The sharpest change came in the year to December 2022, when income rose by 146%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hispanic Chamber of Commerce of Louisiana Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within LA. Charities of a similar size with the same main cause include Experience Old Town Warrenton Inc ($178k), Dominico American Society of Queens Inc ($178k) and Jesus Team Minsistries Inc ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.