Wisconsin Hispanic Scholarship Foundation Inc

Analysis

Wisconsin Hispanic Scholarship Foundation Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in May 1962, 64 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, Wisconsin Hispanic Scholarship Foundation Inc reported income of $3.1m and spending of $2.6m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $3.1m (+75%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 1942%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wisconsin Hispanic Scholarship Foundation Inc 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 89th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include Mary Ellen Halvorson Education Foundation ($3.1m), Constellation Schools Old Brooklyn Community Middle ($3.1m) and Layc Career Academy Public Charter School ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 97% of the total. Other salaries and wages came to $208k. At year end it held assets of $3.7m against liabilities of $149k, net assets of $3.5m. It reported 8 employees.