Hisd Gear Up Trust Fund

Analysis

Hisd Gear Up Trust Fund is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2005, 21 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 June 2024, Hisd Gear Up Trust Fund reported income of $292k and spending of $0, leaving 100% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $111k to $292k (+164%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 1868%. Over the whole period it spent 60% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hisd Gear Up Trust Fund sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Laurel-London Optimist Foundation ($292k), Down Syndrome Association of West Michigan Foundation ($292k) and Chessed Rifka ($292k).

At year end it held assets of $5.1m against liabilities of $0, net assets of $5.1m.