Hispanics Avanzando Hispanics

Analysis

Hispanics Avanzando Hispanics is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Hispanics Avanzando Hispanics reported income of $151k and spending of $159k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $166k to $151k (-9.1%), an average of -2.4% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hispanics Avanzando Hispanics sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include South Haven Art Association ($151k), Undocumented Migration Project Inc ($151k) and Aerospace Village ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 6.6% of the total. At year end it held assets of $113k against liabilities of $698, net assets of $113k.