Comhina Cooperacion Misionera de Hispanos de Norteamerica Inc

Analysis

Comhina Cooperacion Misionera de Hispanos de Norteamerica Inc is a registered charity in United States, based in Hialeah, FL. It received its IRS tax-exemption ruling in June 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Comhina Cooperacion Misionera de Hispanos de Norteamerica Inc reported income of $55k and spending of $46k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $32k to $55k (+73%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Comhina Cooperacion Misionera de Hispanos de Norteamerica Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 25th percentile within FL. Charities of a similar size with the same main cause include Little League Baseball Inc ($55k), PTA California Congress of Parents Students & Teachers Inc ($55k) and Little League Baseball Inc ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $30k (65% of expenses). At year end it held assets of $18k against liabilities of $20k, net assets of -$1,865.