Hispanic Housing and Education Corp

Analysis

Hispanic Housing and Education Corp is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Housing and Education Corp reported income of $957k and spending of $911k, spending 95% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.1m to $957k (-16%), an average of -3.5% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hispanic Housing and Education Corp sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Union Congregational Church Homes Phase II Inc ($956k), Telacu Housing-Moreno Valley Inc ($957k) and 1010 Senior Housing Corporation ($956k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $8.5m against liabilities of $1.3m, net assets of $7.2m. It reported 5 employees.