Hispanic Association of Colleges and Universities

Analysis

Hispanic Association of Colleges and Universities is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in February 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Association of Colleges and Universities reported income of $20.5m and spending of $19.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.3m to $20.5m (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hispanic Association of Colleges and Universities sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Lancaster Country Day School ($20.5m), Uwharrie Green School Inc ($20.5m) and University Prep Public Charter Schools ($20.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $2.3m (12% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $19.8m against liabilities of $4.9m, net assets of $14.9m. It reported 524 employees.