Hispanic American Association of Delaware Inc

Analysis

Hispanic American Association of Delaware Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 American Association of Delaware Inc reported income of $400k and spending of $400k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $210k to $400k (+90%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 211%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hispanic American Association of Delaware Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 61st percentile within DE. Charities of a similar size with the same main cause include Newaygo County Compassion Home for the Terminally Ill ($400k), Maryam Parman Foundation for Children Inc ($400k) and Angels of Action ($400k).

At year end it held assets of $740k against liabilities of $740k, net assets of $0. It reported 1 employees.