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Hacemos Scholarship Foundation

RegisteredEIN 75-2532590Elgin, ILChildren and youth development
Income$404k2021-06
Spending$452ksame year
Spent / received96%3-year average
Size in its cause73rd pctChildren and youth development
Exempt since2025Publicly supported organisat
Employees0latest return

Analysis

Hacemos Scholarship Foundation is a registered charity in United States, based in Elgin, IL. It received its IRS tax-exemption ruling in October 2025. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2021, Hacemos Scholarship Foundation reported income of $404k and spending of $452k, spending 112% of what it took in. Across the 3 years on record, from June 2019 to June 2021, income fell from $622k to $404k (-35%), an average of -19% a year. The sharpest change came in the year to June 2020, when income dropped by 53%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hacemos Scholarship Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Whole Again International ($404k), Lakeland Youth Inc ($404k) and Ridgewood Crew Foundation ($404k).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $747k against liabilities of $0, net assets of $747k.

Income and spending

$0$155k$311k$466k$622k2019 Income: $621,5142019 Spending: $392,07220192020 Income: $290,9192020 Spending: $425,35720202021 Income: $404,3032021 Spending: $452,2112021
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Whole Again InternationalWest Chester$404k
Lakeland Youth IncSyracuse$404k
Ridgewood Crew FoundationRidgewood$404k
Camp Lebanon Retreat CenterOregonia$405k