British American Foundation of Texas

Analysis

British American Foundation of Texas is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, British American Foundation of Texas reported income of $887k and spending of $518k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $542k to $887k (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 256%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, British American Foundation of Texas sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Communmity Resources Real Estate Inc ($887k), Carole Kai Charities Inc ($887k) and American Friends of Chaiyanu ($887k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. Compensation of current officers, directors and key employees was $82k (16% of expenses). At year end it held assets of $2.1m against liabilities of $8,734, net assets of $2.1m. It reported 1 employees.