National Hispanic Corporate Council

Analysis

National Hispanic Corporate Council is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1988, 38 years ago. 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, National Hispanic Corporate Council reported income of $601k and spending of $326k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $294k to $601k (+104%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Hispanic Corporate Council sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 46th percentile within DC. Charities of a similar size with the same main cause include Barstow Humane Society ($601k), Horses Help Foundation ($601k) and Lebanon Lifesaving Crew Incorporated ($600k).

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 $167k (51% of expenses). At year end it held assets of $1.1m against liabilities of $362k, net assets of $698k. It reported 1 employees.