Hispanic Services Council Inc

Analysis

Hispanic Services Council Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in September 1993, 33 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 September 2023, Hispanic Services Council Inc reported income of $1.9m and spending of $1.9m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.9m (+70%), an average of +14% a year. The sharpest change came in the year to September 2020, when income rose by 37%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hispanic Services Council Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Wausau Child Care Inc ($1.9m), Clark County Community Services ($1.9m) and Camp Aranzazu Inc ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $99k (5.3% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $778k against liabilities of $79k, net assets of $699k. It reported 31 employees.