Hispanic Outreach of

Analysis

Hispanic Outreach of is a registered charity in United States, based in Red Wing, MN. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Hispanic Outreach of reported income of $614k and spending of $604k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $401k to $614k (+53%), an average of +11% a year. The sharpest change came in the year to June 2024, when income rose by 45%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hispanic Outreach of sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Fund for the Water Works ($614k), American Fund for Westminster Abbey ($615k) and The Art Therapy Project Corporation Tatp ($614k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 84% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $66k (11% of expenses). Other salaries and wages came to $194k. At year end it held assets of $618k against liabilities of $118k, net assets of $500k. It reported 15 employees.