Hispanic Education Coalition of Palm Beach County

Analysis

Hispanic Education Coalition of Palm Beach County is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, Hispanic Education Coalition of Palm Beach County reported income of $67k and spending of $18k, leaving 73% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income grew from $1,627 to $67k (+4013%), an average of +4013% a year. The sharpest change came in the year to July 2024, when income rose by 4013%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hispanic Education Coalition of Palm Beach County sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include Kentucky Non-Public Schools Commission Inc ($67k), Lady of Perpetual Help Chapter ($67k) and Neshoba Central Elementary School Parent Teacher Organization ($67k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 91% of the total. At year end it held assets of $208k against liabilities of $0, net assets of $208k.