DETROIT HISPANIC DEVELOPMENT CORPORATION

DETROIT, MI, 48216-1940 (313) 967-4880 Est. 1997 EIN 38-3355698
S20— Community Improvement Form 990 501(c)(3)
www.dhdc1.org

Mission

THE DETROIT HISPANIC DEVELOPMENT CORPORATION'S MISSION IS TO MAKE A DIFFERENCE BY CREATING LIFE CHANGING OPPORTUNITIES FOR YOUTH AND THEIR FAMILIES. WE ARE COMMITTED TO MEETING THE NEEDS OF OUR COMMUNITY BY PROVIDING QUALITY, INNOVATIVE AND CULTURALLY APPROPRIATE PROGRAMS AND SERVICES, PRIMARILY IN THE SOUTHWEST DETROIT COMMUNITY.

Giving Portfolio

Total Grants
49
Total Giving
$2.0M
Recipients
49
Years Active
2017 - 2023
Avg grant: $46,686 Median: $31,282

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20239$416K $46K27
20228$240K $30K08
202110$290K $29K55
20208$300K $37K62
20195$625K $125K41
20179$113K $13K90

Sectors Funded

Human Services
10
Arts, Culture & Humanities
5
Public & Societal Benefit
4
Environment
4
Health Care
4
Community Improvement
3
Crime & Legal-Related
2
Religion-Related
1

Top States

Michigan
46
California
2
Pennsylvania
1

Grantee Size Profile

$1M - $5M
20
$500K - $1M
9
$5M - $10M
4
$10M - $50M
3
$100K - $500K
2
Under $100K
1

Top Grantees

Page 1 of 3
AFRICAN BUREAU FOR IMMIGRATION AND SOCIAL AFFAIRS
MI
$144K
MI - 4 grants
$106K

Grants Awarded · 45 grants

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Financials

Total Revenue
$4,224,714
Total Expenses
$3,941,231
Net Assets
$1,596,311
62 employees 40 volunteers
From latest filing (tax period ending 2024-09-30)

Financial Health

Operating Reserve
4.9 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 29.0%
Expenses ↑ 7.5%
Revenue Sources
Contributions 99.9% Earned revenue 1.1%
Expense Breakdown
Program 84.0% Management 13.0% Fundraising 3.0%

Officers & Trustees (13)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2023 Form 990
Oct 1, 2023 to Sep 30, 2024
$4,224,714 $3,941,231$1,596,311
2022 Form 990
Oct 1, 2022 to Sep 30, 2023
$3,274,759 $3,664,962$1,312,828
2021 Form 990
Oct 1, 2021 to Sep 30, 2022
$2,848,907 $3,349,206$1,703,031
2020 Form 990
Oct 1, 2020 to Sep 30, 2021
$3,374,856 $2,833,035$2,203,330
2019 Form 990
Oct 1, 2019 to Sep 30, 2020
$3,577,000 $2,875,365$1,661,509
2017 Form 990
Oct 1, 2017 to Sep 30, 2018
$1,618,327 $1,730,919$904,361

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EIN: 38-3355698 · Source: IRS Form 990 e-file data