Hispanic Access Foundation

Analysis

Hispanic Access Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 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 Access Foundation reported income of $11.4m and spending of $9.1m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $11.4m (+460%), an average of +54% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hispanic Access Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 88th percentile within DC. Charities of a similar size with the same main cause include Vantage Aging ($11.4m), Mile Square Early Learning Center ($11.4m) and Big Lakes Developmental Center Inc ($11.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $263k (2.9% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $7.0m against liabilities of $519k, net assets of $6.4m. It reported 242 employees.