Hispanic Liaison of Chatham County

Analysis

Hispanic Liaison of Chatham County is a registered charity in United States, based in Siler City, NC. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Liaison of Chatham County reported income of $551k and spending of $707k, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $373k to $551k (+48%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 75%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hispanic Liaison of Chatham County sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Colquitt County Serinity House Project Inc ($551k), Refugee Investment Network Inc ($551k) and Local Impact ($551k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $68k (9.6% of expenses). Other salaries and wages came to $272k. At year end it held assets of $1.3m against liabilities of $233k, net assets of $1.1m. It reported 10 employees.