Hidalgo Foundation of Bexar County Inc

Analysis

Hidalgo Foundation of Bexar County Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hidalgo Foundation of Bexar County Inc reported income of $106k and spending of $66k, leaving 38% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $432k to $106k (-76%), an average of -37% a year. The sharpest change came in the year to December 2020, when income rose by 113%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hidalgo Foundation of Bexar County Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Arts and Business Alliance of Eugene ($106k), Columbia Book Festival Inc ($106k) and Southern Oklahoma Community Arts Inc ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $44k (67% of expenses). At year end it held assets of $1.9m against liabilities of $955, net assets of $1.9m. It reported 1 employees.