Hispa Inc

Analysis

Hispa Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in November 1993, 33 years ago. 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 June 2023, Hispa Inc reported income of $868k and spending of $1.1m, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $666k to $868k (+30%), an average of +6.9% a year. The sharpest change came in the year to June 2022, when income rose by 86%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hispa Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Association of Moving Image Archivists ($868k), Mental Health America Licking County ($868k) and TCB Council Inc ($868k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $184k (18% of expenses). Other salaries and wages came to $55k. At year end it held assets of $930k against liabilities of $256k, net assets of $673k. It reported 1 employees.