National Association of Hispanic Journalists

Analysis

National Association of Hispanic Journalists is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2016, 10 years ago. 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, National Association of Hispanic Journalists reported income of $2.4m and spending of $2.6m, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $3.3m to $2.4m (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Association of Hispanic Journalists sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 70th percentile within DC. Charities of a similar size with the same main cause include Pact an Adoption Alliance ($2.4m), Collective Impact in New Hanover County Inc ($2.4m) and Community Teen Coalition Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $209k (8.2% of expenses). Other salaries and wages came to $268k. At year end it held assets of $3.7m against liabilities of $229k, net assets of $3.5m. It reported 7 employees.