Hispanic Health Initiatives Inc

Analysis

Hispanic Health Initiatives Inc is a registered charity in United States, based in Debary, FL. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Hispanic Health Initiatives Inc reported income of $100k and spending of $122k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $134k to $100k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hispanic Health Initiatives Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Under-Served Health Resources ($100k), Hernia Repair for the Underserved ($100k) and St Charles Volunteer Rescue Squad Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $43k, net assets of -$30k.