North Carolina Society of Hispanic Professionals Incorporated

Analysis

North Carolina Society of Hispanic Professionals Incorporated is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in August 1999, 27 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 December 2023, North Carolina Society of Hispanic Professionals Incorporated reported income of $137k and spending of $149k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $317k to $137k (-57%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 52%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North Carolina Society of Hispanic Professionals Incorporated sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include South Park Seniors Inc ($137k), Western Kenosha Senior Citizens Council Inc ($137k) and Showing Hearts Foundation Inc ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $204k against liabilities of $0, net assets of $204k.