I don't believe that it's a hate crime, but you're wrong about things being turned around if the white kid hit the black kid. Just look at the news and you'll see that almost anytime there is white on black crime its labeled a hate crime. There's a double standard as to when the term "hate crime" is applied.

How about the most infamous non-hate crime, the Wichita massacre, where the defendants admitted they abused the victims because of race, but it is not a hate crime of course becuase it was black on white

http://www.wichita-massacre.com/