Centro Hispano Inc
Only null% goes to programs Strong reserves Growing revenue
Centro Hispano Inc is a 501(c)(3) organization based in Madison, Wisconsin, registered in 1984, with $6,618,573 in FY2024 revenue. CharityIndex grades it B.
1430 Cypress Way, Madison, WI, 53713 EIN 93-0844812 Since 1984
Revenue (FY2024)
$6.6M
▼ 47.6% vs prior year
Human Services median: $293K
Expenses (FY2024)
$4.4M
Net assets
$20.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Centro Hispano Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating55 mo reserves · +33% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Centro Hispano Inc: 55 mo reserves · +33% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Centro Hispano Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Centro Hispano Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1430 Cypress Way, Madison, WI, 53713
- City
- Madison
- State
- Wisconsin
- Category
- Human Services
- Subcategory
- Services for Specific Populations
- Website
- …
Financial trends
Revenue grew from $1.4M (FY2013) to $6.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $771KNet assets $20.2M
Operating margin
33.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$21.0M
Total liabilities
$771K
Net assets
$20.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,618,573▼47.6% | $4,419,107▲25.0% | $20,219,847▲14.8% | $20,991,250▲7.1% | 990 |
| 2023 | $12,624,704▲28.8% | $3,534,037▼4.0% | $17,607,991▲107% | $19,594,157▲117% | 990 |
| 2022 | $9,800,554▲157% | $3,680,130▲16.8% | $8,505,293▲254% | $9,020,575▲180% | 990 |
| 2021 | $3,811,848▲4.4% | $3,151,773▼3.2% | $2,399,619▲39.9% | $3,216,741▲28.4% | 990 |
| 2020 | $3,649,983▲131% | $3,256,693▲81.7% | $1,715,718▲30.6% | $2,504,625▲21.5% | 990 |
| 2019 | $1,578,879▼28.2% | $1,792,349▼13.6% | $1,314,025▼13.0% | $2,061,841▼6.4% | 990 |
| 2018 | $2,199,305▲12.2% | $2,075,659▲13.8% | $1,510,120▲8.7% | $2,202,925▲2.8% | 990 |
| 2017 | $1,960,273▲19.9% | $1,824,528▲4.8% | $1,389,067▲175% | $2,141,994▲72.6% | 990 |
| 2016 | $1,635,416▲5.4% | $1,740,251▲10.6% | $504,242▼16.4% | $1,241,363▼5.3% | 990 |
| 2015 | $1,551,390▲6.8% | $1,573,699▲12.5% | $602,819▼3.9% | $1,310,814▼3.3% | 990 |
| 2014 | $1,452,296▲4.6% | $1,399,267▲1.9% | $627,074▲10.0% | $1,355,763▲6.2% | 990 |
| 2013 | $1,388,329 | $1,373,210▼2.5% | $570,080▲5.6% | $1,276,893▼2.4% | 990 |
| 2012 | — | $1,409,042▲11.5% | $539,998▼4.4% | $1,308,578▼0.2% | 990 |
| 2011 | — | $1,263,479▲102% | $565,107▲11.4% | $1,311,743▲13.6% | 990 |
| 2010 | — | $625,219 | $507,462 | $1,154,888 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $6.0M total
41 grants to Centro Hispano Inc totaling $6.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Hispanic Federation Inc | Latino digital | 2024 | $80,000 |
| Ssm Health Care of Wisconsin Inc | General support | 2024 | $30,000 |
| Ascendium Education Solutions Inc | Good neighbor giving 2024 | 2024 | $25,000 |
| Group Health Cooperative of South Central Wi | Donation | 2024 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $2,035,950 |
| Donor Advised Charitable Giving | Human services | 2023 | $150,250 |
| Unidosus | Grants | 2023 | $116,498 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $75,500 |
| Hispanic Federation Inc | Google career certificate grant | 2023 | $33,500 |
| Ssm Health Care Corporation | 2023 sponsorship | 2023 | $25,000 |
| Group Health Cooperative of South Central Wi | Donation | 2023 | $10,000 |
| Ascendium Education Solutions Inc | Grant, campaign centro | 2022 | $2,500,000 |
| Unidosus | Grants | 2022 | $152,000 |
| Donor Advised Charitable Giving | Human services | 2022 | $40,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $11,600 |
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Frequently asked questions
- Is Centro Hispano Inc a legitimate nonprofit?
- Yes. Centro Hispano Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 93-0844812, based in Madison, Wisconsin. Donations are tax-deductible.
- What is Centro Hispano Inc's EIN?
- Centro Hispano Inc's Employer Identification Number (EIN) is 93-0844812.
- How much revenue does Centro Hispano Inc report?
- Centro Hispano Inc reported $6,618,573 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Centro Hispano Inc have?
- CharityIndex grades Centro Hispano Inc B, based on financial health (reserves and operating margin).
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Data for Centro Hispano Inc (EIN 93-0844812) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.