Hispanic Ministry Center Inc
Analysis
Hispanic Ministry Center Inc is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Ministry Center Inc reported income of $1.0m and spending of $1.8m, spending 176% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $1.0m (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2022, when income rose by 70%. Over the whole period it spent 101% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Hispanic Ministry Center Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Audioverse ($1.0m), Porch de Salomon Corp ($1.0m) and Camp Wyldewood ($1.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $164k (9.1% of expenses). Other salaries and wages came to $514k. At year end it held assets of $2.1m against liabilities of $844k, net assets of $1.2m. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Program services 5.4%
- Other 3.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Audioverse | Apison | $1.0m |
| Porch de Salomon Corp | Tallahassee | $1.0m |
| Camp Wyldewood | Searcy | $1.0m |
| Ellerslie Mission Society | Windsor | $1.0m |