Hispanic American Council Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 873,901 | 495,109 | 378,792 | 11.1 | 42% |
| 2021 | 1,544,710 | 827,635 | 717,075 | 17.0 | 45% |
| 2022 | 692,826 | 754,549 | −61,723 | 17.7 | 56% |
| 2023 | 5,397,411 | 1,084,259 | 4,313,152 | 60.1 | 53% |
In its most recent public year (2023), this organization brought in $4,313,152 more than it spent. Its reserves stood at about 60.1 months of spending, up from 11.1 in 2020. Staff pay was 53% of spending. $3,106,294 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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