Hispanic Heritage Foundation

Analysis

Hispanic Heritage Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 Heritage Foundation reported income of $7.1m and spending of $6.0m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $7.1m (+109%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hispanic Heritage Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Minnesota Lions Vision Foundation Inc ($7.1m), Securing Americas Future Energy Foundation ($7.1m) and Long Beach Reach Inc ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $373k (6.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.7m against liabilities of $781k, net assets of $4.9m. It reported 14 employees.