News Column

The Money Behind the Mission Statement

September 2001

The largest Hispanic nonprofits spent $254.7 million last year to deal with housing, health, civil rights, and economic development issues.

Few corporations take their mission statements as seriously as nonprofit organizations. The members of this year's HISPANIC BUSINESS Nonprofit 25 reflect the social diversity of the Hispanic community, with missions ranging from youth outreach to elderly assistance, Headstart to higher education, and art to economic development. Together, these 25 organizations reported income of $267.4 million last year, with total expenditures of $254.7 million.

Where does the money go? Housing ranks as the most popular service, offered by 13 of the 25 nonprofits on the list. Next comes youth development (12 organizations), followed by education (10 groups) and employment and civil rights advocacy (nine organizations each). Health figures in the mission of seven nonprofits, while six each focus on economic development, mental health, and community recreation.

Although some organizations serve multiethnic constituencies, they report collectively that 91 percent of their activities help Hispanics, and nine organizations on the list devote themselves exclusively to the Hispanic community. Geographically, 13 of the top 25 Hispanic nonprofits confine their activities to a local service area, often in the inner city. Five operate in a regional or statewide context. Only seven of the organizations on the list have national or international reach.

Revenues for the Nonprofit 25 lean heavily toward corporate grants (56.5 percent of the total) and government grants (28.5 percent). No other revenue stream figures significantly on the income side of the equation. On the expenditure side, these groups commit 55 percent of their money directly to service programs, 19 percent to administrative costs, and 26 percent on "other," including events and fund-raising. These numbers vary widely, however, with most human-service organizations putting 85 to 90 percent into programs. In contrast, advocacy groups spend much more on "other" to cover the costs of research, legal actions, lobbying, and political outreach.

Written by Senior Editor Joel Russell. Nonprofit 25 directory research by Research Supervisor J. Tabin Cosio and Research Associate Cynthia Marquez.

Methodology
Nonprofit organizations were identified from Internet database lists of tax-exempt organizations located in the 50 states or the District of Columbia. A list of these organizations was sorted by financial criteria and screened for descriptions related to Hispanic issues. Qualified organizations were sent a survey asking for information. Organizations were ranked on the basis of annual operating budget.

While HISPANIC BUSINESS makes every attempt to locate and include the largest Hispanic nonprofit organizations in the country, we cannot list organizations that do not submit information by our deadline.

To ensure that a particular nonprofit organization is considered for future directories, readers may send the name of the organization, along with the contact person's name, mailing address, phone, fax, and e-mail address, via fax to (805) 964-6139 or via e-mail to research@hbinc.com.


1
The Aspira Association

2
Hispanic Scholarship Fund

3
Asociacion Nacional Pro Personas Mayores

4
National Council of La Raza

5
The Puerto Rican Family Institute

6
Chicanos Por La Causa

7
Hispanic Association of Colleges and Universities

8
Casa Central Social Services

9
Latin American Civic Association

10
Congreso de Latinos Unidos

11
El Valor

12
Spanish-Speaking Unity Council of Alameda County and Subsidiaries

13
California Hispanic Commission on Alcohol and Drug Abuse

14
Nuevo Amanecer Latino Children Services

15
La Casa de Don Pedro

16
League of United Latin American Citizens

17
United Community Center/Centro de la Comunidad Unida

18
Amigos Del Valle

19
Mexican American Legal Defense and Educational Fund

20
Coalition for Hispanic Family Services

21
CHARO Community Development Corp.

22
Hispanic Federation

23
Council for the Spanish-Speaking

24
Center Home for Hispanic Elderly

25
U.S. Hispanic Chamber of Commerce



Source: HISPANIC BUSINESS magazine


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