Hispanic Affairs Project

Analysis

Hispanic Affairs Project is a registered charity in United States, based in Montrose, CO. It received its IRS tax-exemption ruling in March 2010, 16 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, Hispanic Affairs Project reported income of $790k and spending of $529k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $345k to $790k (+129%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 141%. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hispanic Affairs Project sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within CO. Charities of a similar size with the same main cause include Child Advocates Endowment Inc ($790k), Global Heart Ministries Inc ($790k) and Antioch Adoptions ($790k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $77k (15% of expenses). Other salaries and wages came to $195k. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m. It reported 8 employees.