Hispanic Chamber of Commerce of Orange County Education Foundation

Analysis

Hispanic Chamber of Commerce of Orange County Education Foundation is a registered charity in United States, based in Ladera Ranch, CA. It received its IRS tax-exemption ruling in October 2023, 3 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Hispanic Chamber of Commerce of Orange County Education Foundation reported income of $183k and spending of $201k, spending 110% of what it took in. Across the 6 years on record, from June 2018 to June 2023, income grew from $56k to $183k (+226%), an average of +27% a year. The sharpest change came in the year to June 2019, when income rose by 255%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hispanic Chamber of Commerce of Orange County Education Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Roofers Local Union 241 Joint Apprenticeship Trust Fund ($183k), Community Empowerment Project ($183k) and Allegheny River Development Corporation ($183k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $196k against liabilities of $0, net assets of $196k.