Hispanic Heritage Council of Western New York Inc

Analysis

Hispanic Heritage Council of Western New York Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in February 2012, 14 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 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 Heritage Council of Western New York Inc reported income of $2.8m and spending of $112k, leaving 96% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $808k to $2.8m (+241%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 286%. Over the whole period it spent 5.4% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hispanic Heritage Council of Western New York Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Peoples Music School Inc ($2.8m), Family Violence and Sexual Assault Institute ($2.8m) and Winston Salem Symphony Assoc ($2.8m).

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 $4.5m against liabilities of $302k, net assets of $4.2m.