Hispanic Educational Technology Services Inc

Analysis

Hispanic Educational Technology Services Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in April 1994, 32 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 June 2023, Hispanic Educational Technology Services Inc reported income of $256k and spending of $259k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $227k to $256k (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hispanic Educational Technology Services Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 41st percentile within PR. Charities of a similar size with the same main cause include Expeditionary Learning Parents Association ($256k), Eastwick Foundation Inc ($256k) and Masonic Learning Center of Louisiana Inc ($256k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $73k (28% of expenses). At year end it held assets of $162k against liabilities of $65k, net assets of $97k.