Ohio Hispanic Coalition
Analysis
Ohio Hispanic Coalition is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in November 1996, 30 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 September 2023, Ohio Hispanic Coalition reported income of $2.7m and spending of $2.5m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.9m to $2.7m (+43%), an average of +9.3% a year. The sharpest change came in the year to September 2022, when income rose by 40%. Over the whole period it spent 92% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ohio Hispanic Coalition sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Volunteers in Service to the Elderly Inc ($2.7m), A Simple Gesture Greensboro Inc ($2.7m) and Central Massachusetts Area ($2.7m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 76% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $59k (2.3% of expenses). Other salaries and wages came to $860k. At year end it held assets of $2.2m against liabilities of $440k, net assets of $1.7m. It reported 40 employees.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Program services 22%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Volunteers in Service to the Elderly Inc | Lakeland | $2.7m |
| A Simple Gesture Greensboro Inc | Greensboro | $2.7m |
| Central Massachusetts Area | Worcester | $2.7m |
| Kay Phillips Child Advocacy Center | Summerville | $2.7m |