Hispanic Community Services Inc

Analysis

Hispanic Community Services Inc is a registered charity in United States, based in Jonesboro, AR. It received its IRS tax-exemption ruling in March 2005, 21 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 December 2023, Hispanic Community Services Inc reported income of $846k and spending of $783k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $318k to $846k (+166%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 265%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hispanic Community Services Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within AR. Charities of a similar size with the same main cause include Center for Community Integration Inc ($846k), Cowan Community Action Group Inc ($846k) and Mennonite Central Committee Thrift Store Inc ($846k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 4.6% of the total. Other salaries and wages came to $411k. At year end it held assets of $2.2m against liabilities of $258k, net assets of $1.9m. It reported 22 employees.