Michigan Hispanic Fund

Analysis

Michigan Hispanic Fund is a registered charity in United States, based in Auburn Hills, MI. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Michigan Hispanic Fund reported income of $77k and spending of $94k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $91k to $77k (-15%), an average of -15% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Michigan Hispanic Fund sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within MI. Charities of a similar size with the same main cause include East Side Community High School Parent Association Inc ($77k), Pendleton County Education Foundation Inc ($77k) and Kokomo High School Band Boosters Club Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $213k against liabilities of $8,633, net assets of $204k.