Hispanic Women of Springfield

Analysis

Hispanic Women of Springfield is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in June 2020, 6 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 (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 Women of Springfield reported income of $447k and spending of $374k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $327k to $447k (+37%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 100% 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 Women of Springfield sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include West Coast Percussion Alliance ($447k), Little Theatre of Virginia Beach Inc ($447k) and Video Volunteers ($447k).

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 -$1,439 against liabilities of $0, net assets of -$1,439.