Hispanic Womens Network of Texas

Analysis

Hispanic Womens Network of Texas is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 1988, 38 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 December 2023, Hispanic Womens Network of Texas reported income of $95k and spending of $78k, spending 83% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $167k to $95k (-43%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hispanic Womens Network of Texas sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Roseville Junior Sports Inc ($95k), California State College Sonoma Alumni Association Inc ($95k) and Dungannon Development Commission Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $258k against liabilities of $0, net assets of $258k.