Hispanic Sports Foundation for Education Inc

Analysis

Hispanic Sports Foundation for Education Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in June 2006, 20 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 Sports Foundation for Education Inc reported income of $57k and spending of $25k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $57k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hispanic Sports Foundation for Education Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include The Friends of the Cupertino Library ($57k), Yujin Gakuen PTO ($57k) and Clay Irrv TR 08282015 Fbo St Albans Episcopal Church ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $59k against liabilities of $7,500, net assets of $52k.