Hispanic Scholastic Funds Consortium

Analysis

Hispanic Scholastic Funds Consortium is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in June 2005, 21 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 June 2024, Hispanic Scholastic Funds Consortium reported income of $215k and spending of $191k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $188k to $215k (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hispanic Scholastic Funds Consortium sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include The Oklahoma Foundation for the Education of Deaf Children and ($215k), National Foundation for Judicial Excellence ($215k) and Family Cooperative Preschool Inc ($215k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $63k (33% of expenses). At year end it held assets of $228k against liabilities of $5,147, net assets of $223k. It reported 1 employees.