Hispanic Federation Inc
Hispanic Federation Inc shows consistent growth and strong program spending with no reported officer compensation.
EIN: 133573852 · New York, NY · NTEE: S50Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $66.0M |
| Total Expenses | $61.6M |
| Program Spending | 90% |
| Net Assets | $52.0M |
| Transparency Score | 95/100 |
Is Hispanic Federation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hispanic Federation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hispanic Federation Inc
Hispanic Federation Inc (EIN: 133573852) is a nonprofit organization based in New York, NY, classified under NTEE code S50Z. The organization reported total revenue of $66.0M and total assets of $60.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hispanic Federation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hispanic Federation Inc is a major nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $67.9M |
| Total Expenses | $61.6M |
| Surplus / Deficit | +$6.3M |
| Total Assets | $60.3M |
| Total Liabilities | $8.3M |
| Net Assets | $52.0M |
| Operating Margin | 9.2% |
| Debt-to-Asset Ratio | 13.8% |
| Months of Reserves | 11.7 months |
Financial Health Grade: A
In 2023, Hispanic Federation Inc reported a surplus of $6.3M with revenue exceeding expenses, holds 11.7 months of operating reserves (strong position), has a debt-to-asset ratio of 13.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hispanic Federation Inc's revenue has grown at a compound annual growth rate (CAGR) of 25.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +83.4% | +77.6% | +26.4% |
| 2022 | -26.1% | -1.2% | -5.1% |
| 2021 | +32.1% | -6.3% | +53.0% |
| 2020 | +58.5% | +68.8% | -1.4% |
| 2019 | -19.5% | -23.9% | -5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hispanic Federation Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Hispanic Federation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries. This is a highly unusual and positive finding, suggesting that executive leadership may be compensated through other means or that the organization operates with a volunteer executive structure, maximizing funds for programmatic activities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Hispanic Federation Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship.
- Significant and sustained revenue growth from $7.2M in 2014 to $67.9M in 2023, demonstrating expanding impact and fundraising success.
- Healthy asset growth from $9.3M in 2014 to $60.3M in 2023, providing financial stability and capacity.
- Positive net assets (Assets > Liabilities) in all reported periods, indicating sound financial management.
- Strong program spending ratio, directing a high percentage of expenses to its mission.
Frequently Asked Questions about Hispanic Federation Inc
Is Hispanic Federation Inc a legitimate charity?
Hispanic Federation Inc (EIN: 133573852) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $66.0M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Hispanic Federation Inc spend its money?
Hispanic Federation Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Hispanic Federation Inc tax-deductible?
Hispanic Federation Inc is registered as a tax-exempt nonprofit (EIN: 133573852). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hispanic Federation Inc's spending goes to programs?
Hispanic Federation Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hispanic Federation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Hispanic Federation Inc is above average for NTEE category S50Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hispanic Federation Inc located?
Hispanic Federation Inc is headquartered in New York, New York and files with the IRS under EIN 133573852. It is classified under NTEE code S50Z.
How many years of IRS 990 filings does Hispanic Federation Inc have?
Hispanic Federation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $66.0M in total revenue.
Is Hispanic Federation Inc a good charity?
Based on the provided financial data, Hispanic Federation Inc appears to be a very good charity. It demonstrates strong financial growth, efficient spending with a high percentage allocated to programs, and a notable commitment to transparency by reporting 0% officer compensation across all filings.
How has Hispanic Federation Inc's financial health changed over time?
Hispanic Federation Inc has experienced significant financial growth and improved health over the past decade. Revenue increased from $7,203,482 in 2014 to $67,915,333 in 2023, and assets grew from $9,314,925 to $60,334,731 in the same period, indicating substantial expansion and increased capacity.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings. This suggests a highly unusual and commendable approach where no funds are directly reported as compensation for officers, potentially indicating volunteer leadership or alternative compensation structures not captured in this specific line item.
Filing History
IRS 990 filing history for Hispanic Federation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hispanic Federation Inc's revenue has grown by 1482.7%, moving from $4.3M to $67.9M. Total assets increased by 689.4% over the same period, from $7.6M to $60.3M. Total functional expenses rose by 1339.8%, from $4.3M to $61.6M. In its most recent filing year (2023), Hispanic Federation Inc reported a surplus of $6.3M, with revenue exceeding expenses. The organization holds $8.3M in liabilities against $60.3M in assets (debt-to-asset ratio: 13.8%), resulting in net assets of $52.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $67.9M | $61.6M | $60.3M | $8.3M | — | — |
| 2022 | $37.0M | $34.7M | $47.7M | $3.7M | — | — |
| 2021 | $50.1M | $35.1M | $50.3M | $6.6M | — | View 990 |
| 2020 | $37.9M | $37.5M | $32.9M | $4.5M | — | — |
| 2019 | $23.9M | $22.2M | $33.4M | $5.7M | — | View 990 |
| 2018 | $29.7M | $29.2M | $35.3M | $9.9M | — | View 990 |
| 2017 | $40.4M | $22.9M | $33.2M | $8.2M | — | View 990 |
| 2016 | $10.8M | $9.7M | $9.6M | $2.1M | — | View 990 |
| 2015 | $7.4M | $7.1M | $8.7M | $2.3M | — | View 990 |
| 2014 | $7.2M | $6.7M | $9.3M | $3.2M | — | View 990 |
| 2013 | $5.5M | $5.2M | $8.2M | $2.7M | — | View 990 |
| 2012 | $4.3M | $4.3M | $7.8M | $2.6M | — | View 990 |
| 2011 | $4.3M | $4.3M | $7.6M | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $67.9M, expenses of $61.6M, and assets of $60.3M (revenue +83.4% year-over-year).
- 2022: Revenue of $37.0M, expenses of $34.7M, and assets of $47.7M (revenue -26.1% year-over-year).
- 2021: Revenue of $50.1M, expenses of $35.1M, and assets of $50.3M (revenue +32.1% year-over-year).
- 2020: Revenue of $37.9M, expenses of $37.5M, and assets of $32.9M (revenue +58.5% year-over-year).
- 2019: Revenue of $23.9M, expenses of $22.2M, and assets of $33.4M (revenue -19.5% year-over-year).
- 2018: Revenue of $29.7M, expenses of $29.2M, and assets of $35.3M (revenue -26.5% year-over-year).
- 2017: Revenue of $40.4M, expenses of $22.9M, and assets of $33.2M (revenue +275.2% year-over-year).
- 2016: Revenue of $10.8M, expenses of $9.7M, and assets of $9.6M (revenue +45.0% year-over-year).
- 2015: Revenue of $7.4M, expenses of $7.1M, and assets of $8.7M (revenue +3.1% year-over-year).
- 2014: Revenue of $7.2M, expenses of $6.7M, and assets of $9.3M (revenue +31.3% year-over-year).
- 2013: Revenue of $5.5M, expenses of $5.2M, and assets of $8.2M (revenue +26.7% year-over-year).
- 2012: Revenue of $4.3M, expenses of $4.3M, and assets of $7.8M (revenue +0.9% year-over-year).
- 2011: Revenue of $4.3M, expenses of $4.3M, and assets of $7.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hispanic Federation Inc:
Data Sources and Methodology
This transparency report for Hispanic Federation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.