Houston Gman Classic Inc

Analysis

Houston Gman Classic Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2010, 16 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, Houston Gman Classic Inc reported income of $104k and spending of $98k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $104k (+155%), an average of +155% a year. The sharpest change came in the year to December 2023, when income rose by 155%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Houston Gman Classic Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Anvil of Hope ($104k), South Florida Chesed Inc ($104k) and Lake Arrowhead Rotary Foundation ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.