Skip to content

Pennsylvania · Nonprofit

Pittsburgh Hispanic Development Corporation

Pittsburgh Hispanic Development Corporation (Pennsylvania) receives grants from 10 organizations whose IRS filings report $2,004,773 to it, the largest being RICHARD KING MELLON FOUNDATION ($725,000). 8 of them have funded it in more than one year.

Revenue FY2024
$1.0M
Funders on record
10
Grants received
$2.0M
Net assets
$811k
8/10 repeat funderspeak grant-dependency 70%
01What it does

What Pittsburgh Hispanic Development Corporation does

Mission

Program to increase hispanic business presence and workforce in the Pittsburgh metropolitan area.

As stated on its FY2024 Form 990.

Program

  1. Expenses incurred to promote Hispanic business development and increase in Hispanic workforce in the general area. Revenue is for extremely discounted fees charged to hispanic business owners for specific services offered to help them grow their businesses.

    $978,896 spentof which $407,869 as grants$86,936 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $978,896.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($33k) Expenses 100 ($98k) Net assets 100 ($41k)2018 Revenue 1200 ($400k) Expenses 156 ($153k) Net assets 705 ($289k)2019 Revenue 1758 ($587k) Expenses 593 ($582k) Net assets 717 ($294k)2020 Revenue 2026 ($676k) Expenses 490 ($480k) Net assets 1196 ($490k)2021 Revenue 1382 ($461k) Expenses 408 ($400k) Net assets 1346 ($551k)2022 Revenue 2114 ($706k) Expenses 435 ($426k) Net assets 2029 ($831k)2023 Revenue 1947 ($650k) Expenses 639 ($626k) Net assets 2086 ($854k)2024 Revenue 3101 ($1.0M) Expenses 1100 ($1.1M) Net assets 1981 ($811k)
'17'18'19'20'21'22'23'24
Revenue (3101)Expenses (1100)Net assets (1981)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $551k to $831k (+51%).

$41k
$289k
$348k
$539k
$551k
$831k
$856k
$811k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 24% · 2022 10% · 2023 22% · 2024 39%. Grants only. Government contracts and fees sit inside program revenue.

92% of Pittsburgh Hispanic Development Corporation’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

−$65k
’17
$248k
’18
$5k
’19
$196k
’20
$61k
’21
$280k
’22
$24k
’23
−$43k
’24
8.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Guillermo Velazquez

Executive Director

Board chair

Dr Oralia Dominic

Chairman

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed5555555
Joined·+1+0+0+0+0+0
No longer listed·100000
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $100k → $325k.

2 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Pittsburgh Hispanic Development Corporation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Pittsburgh Hispanic Development Corporation leans on a few funders — its largest provides 36% of grant income and the top three 76%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

36%
largest funder
76%
top three
~4
effective funders

Largest funder’s share by year: 2019 100% · 2020 59% · 2021 64% · 2022 25% · 2023 92% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

67% of Pittsburgh Hispanic Development Corporation's funders are still giving 2 years after their first grant; 80% give in more than one year at all.

first grant+1y+2y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

93% of Pittsburgh Hispanic Development Corporation's grant income comes from Pennsylvania funders.

MN
PA
NC

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Pennsylvania out of state home

Funder states come from each funder’s own filing. $181k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Pittsburgh Hispanic Development Corporation has grown faster than three-quarters of the 4,203 community improvement nonprofits its size.

Operating margin−4% · bottom quartile
Months of reserve8.9mo · above the median
Revenue growth (annualized)63% · top quartile

this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024

Organizations like Pittsburgh Hispanic Development Corporation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Pennsylvania

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

91% of spending goes to programs.

Program 91%Management 5%Fundraising 4%

Governance

4
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

PA

Screen this organization

A dated, signed PDF of the compliance screen for Pittsburgh Hispanic Development Corporation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Pittsburgh Hispanic Development Corporation?
Pittsburgh Hispanic Development Corporation (Pennsylvania) receives grants from 10 organizations whose IRS filings report $2,004,773 to it, the largest being RICHARD KING MELLON FOUNDATION ($725,000). 8 of them have funded it in more than one year.
How many funders does Pittsburgh Hispanic Development Corporation have?
IRS filings report 10 organizations giving $2,004,773 in grants to Pittsburgh Hispanic Development Corporation, 8 of which have funded it in more than one year.
Who is the largest funder of Pittsburgh Hispanic Development Corporation?
RICHARD KING MELLON FOUNDATION is the largest funder on record, with $725,000 in grants. The full list of funders is on this page.
How can an organization like Pittsburgh Hispanic Development Corporation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Pittsburgh Hispanic Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 10 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing