Hispanic Scholarship Fund

Analysis

Hispanic Scholarship Fund is a registered charity in United States, based in El Segundo, CA. It received its IRS tax-exemption ruling in January 1976, 50 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 March 2024, Hispanic Scholarship Fund reported income of $45.5m and spending of $59.4m, spending 130% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $55.3m to $45.5m (-18%), an average of -4.7% a year. The sharpest change came in the year to March 2021, when income rose by 57%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hispanic Scholarship Fund sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Princeton Day School Inc ($45.3m), Dana Hall Schools ($45.6m) and Rowland Hall-St Marks School ($45.3m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $1.1m (1.9% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $135.9m against liabilities of $24.5m, net assets of $111.4m. It reported 85 employees.