Hola Hora Latina

Analysis

Hola Hora Latina is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in November 2004, 22 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, Hola Hora Latina reported income of $63k and spending of $73k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $36k to $63k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 198% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hola Hora Latina 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 25th percentile, and in the 23rd percentile within TN. Charities of a similar size with the same main cause include Luminal Theater Corp ($63k), San Francisco Aeronautical Society ($63k) and Arts of Snohomish ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 20% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.