Hispanic Alliance Ga

Analysis

Hispanic Alliance Ga is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hispanic Alliance Ga reported income of $1.2m and spending of $733k, leaving 39% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $684k to $1.2m (+77%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hispanic Alliance Ga sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include Stephen F Austin State University Alumni Association ($1.2m), Codehouse Corporation ($1.2m) and The Friendship Circle Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 3.6% of the total. Other salaries and wages came to $204k. At year end it held assets of $1.0m against liabilities of $162k, net assets of $858k. It reported 7 employees.