Career Gear Houston

Analysis

Career Gear Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Career Gear Houston reported income of $241k and spending of $202k, spending 84% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $273k to $241k (-12%), an average of -6.0% a year. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Career Gear Houston sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Ryan Wells Foundation Inc ($241k), Arlington Arts Enrichment Programinc ($241k) and Academy31 Inc ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $75k (37% of expenses). It paid $12k in professional fundraising fees. At year end it held assets of $174k against liabilities of $0, net assets of $174k.