Hidalgo Community Development Corporation

Analysis

Hidalgo Community Development Corporation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Hidalgo Community Development Corporation reported income of $114k and spending of $113k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $114k (+10%), an average of +10% a year. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hidalgo Community Development Corporation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Titans Youth Football Assoc ($114k), Girls on the Run of Spokane County ($115k) and Santa Clara County Realtors Foundation ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $38k (33% of expenses). Other salaries and wages came to $49k. At year end it held assets of $50k against liabilities of $0, net assets of $50k.