Spanish American Institute

Analysis

Spanish American Institute is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in September 1926, 100 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Spanish American Institute reported income of $58k and spending of $14k, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $52k to $58k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 442%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spanish American Institute 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 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Patterson High Athletic Boosters ($58k), Bull Dog Alumni Association Inc ($58k) and Mexico Young Farmers Association ($58k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $627k against liabilities of $0, net assets of $627k.