Hispanic Advocacy and Community Empowerment Through Research

Analysis

Hispanic Advocacy and Community Empowerment Through Research is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Advocacy and Community Empowerment Through Research reported income of $620k and spending of $1.4m, spending 224% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $888k to $620k (-30%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hispanic Advocacy and Community Empowerment Through Research sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Highlands Current Inc ($620k), Honor Flight Kern County ($620k) and The Great Star Theater ($619k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $109k (7.8% of expenses). Other salaries and wages came to $766k. It paid $13k in professional fundraising fees. At year end it held assets of $630k against liabilities of $241k, net assets of $389k. It reported 20 employees.