Hispanic Chamber Education Foundation

Analysis

Hispanic Chamber Education Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 1992, 34 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 December 2023, Hispanic Chamber Education Foundation reported income of $63k and spending of $62k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $325k to $63k (-81%), an average of -34% a year. The sharpest change came in the year to December 2023, when income rose by 147%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hispanic Chamber Education Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within CO. Charities of a similar size with the same main cause include Wilmeth Elementary School Parent Teacher Organization ($63k), American Association of Colleges for Teacher Education ($63k) and Learning Mission ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $13k against liabilities of $8,950, net assets of $3,979.