Jesse Miranda Center for Hispanic Leadership

Analysis

Jesse Miranda Center for Hispanic Leadership is a registered charity in United States, based in LA Mirada, CA. It received its IRS tax-exemption ruling in March 2015, 11 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, Jesse Miranda Center for Hispanic Leadership reported income of $50k and spending of $74k, spending 147% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $109k to $50k (-54%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Jesse Miranda Center for Hispanic Leadership sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within CA. Charities of a similar size with the same main cause include Better Business Bureau of Wisconsin Foundation Inc ($50k), Good Samaritan Alliance ($50k) and One Neighborhood Foundation ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.4% of the total. At year end it held assets of $30k against liabilities of $632, net assets of $29k.