Hispanic Lawyers Scholarship Fund of Illinois

Analysis

Hispanic Lawyers Scholarship Fund of Illinois is a registered charity in United States, based in Niles, IL. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hispanic Lawyers Scholarship Fund of Illinois reported income of $133k and spending of $138k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $133k (+17%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hispanic Lawyers Scholarship Fund of Illinois 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 44th percentile, and in the 45th percentile within IL. Charities of a similar size with the same main cause include Advocates for Womens and Kids Equality Awake Inc ($133k), Walton Cheerleading Booster Club Incorporated ($133k) and Environmental and Emerging Claim Manager Association ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.