Austin Hispanic Chamber of Commerce Foundation

Analysis

Austin Hispanic Chamber of Commerce Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 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 December 2023, Austin Hispanic Chamber of Commerce Foundation reported income of $63k and spending of $39k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $12k to $63k (+422%), an average of +422% a year. The sharpest change came in the year to December 2023, when income rose by 422%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Austin Hispanic Chamber of Commerce Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include Ernest I White Trust Under Article Second Ua Fbo ($63k), Daniel Ferro Vocal Program Inc ($63k) and Camp Albemarle Incorporated ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.