New Orleans Hispanic Heritage Foundation Inc
Analysis
New Orleans Hispanic Heritage Foundation Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in June 1991, 35 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, New Orleans Hispanic Heritage Foundation Inc reported income of $305k and spending of $193k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $133k to $305k (+130%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 84% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Orleans Hispanic Heritage Foundation Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within LA. Charities of a similar size with the same main cause include Polish Language School Inc ($305k), Art Guild of Burlington Inc ($305k) and Ironwood Theatre Inc ($305k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $59k (31% of expenses). At year end it held assets of $851k against liabilities of $12k, net assets of $840k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 87%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Polish Language School Inc | New Britain | $305k |
| Art Guild of Burlington Inc | Burlington | $305k |
| Ironwood Theatre Inc | Ironwood | $305k |
| Brooks Preservation Society | Brooks | $305k |