Hispanic Womens Network of Texas

Analysis

Hispanic Womens Network of Texas is a registered charity in United States, based in Fort Worth, 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 $141k and spending of $94k, leaving 33% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $78k to $141k (+82%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 175%. Over the whole period it spent 70% 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 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Fairfield Youth Baseball Assn ($141k), PTA Texas Congress ($141k) and The Stagecrafters ($141k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $250k against liabilities of $0, net assets of $250k.