Hispanic Coalition Corp

Analysis

Hispanic Coalition Corp is a registered charity in United States, based in Doral, FL. It received its IRS tax-exemption ruling in September 1990, 36 years ago. 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 August 2024, Hispanic Coalition Corp reported income of $232k and spending of $232k, spending 100% of its income. Across the 5 years on record, from August 2020 to August 2024, income fell from $256k to $232k (-9.5%), an average of -2.5% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hispanic Coalition Corp sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include 92 for 22 ($232k), Vallejo Aquatic Club Inc ($232k) and Thacher & Straitsmouth Islands Association ($232k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 43% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $47k (20% of expenses). Other salaries and wages came to $97k. At year end it held assets of $1,934 against liabilities of $0, net assets of $1,934.