Forward Hispanic Community Services

Analysis

Forward Hispanic Community Services is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Forward Hispanic Community Services reported income of $469k and spending of $423k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $109k to $469k (+330%), an average of +107% a year. The sharpest change came in the year to December 2022, when income rose by 153%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Forward Hispanic Community Services sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Sarah McLean Foundation ($469k), North Brookfield Emergency Squad ($469k) and Southeastern Missouri Area Health Education Center Inc ($469k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $86k (20% of expenses). Other salaries and wages came to $232k. At year end it held assets of $86k against liabilities of -$2,873, net assets of $89k. It reported 14 employees.