Hispanic Education Inc

Analysis

Hispanic Education Inc is a registered charity in United States, based in Seminole, FL. It received its IRS tax-exemption ruling in January 1998, 28 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 (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 Education Inc reported income of $288k and spending of $255k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $582k to $288k (-50%), an average of -16% a year. The sharpest change came in the year to December 2021, when income dropped by 29%. Over the whole period it spent 103% 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 Education Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Improv Utopia ($288k), Lakeland Band Boosters ($288k) and Historic Cherry Hill ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $108k. At year end it held assets of $115k against liabilities of $0, net assets of $115k. It reported 2 employees.