Greater Houston Hispanic Chamber of Commerce Foundation

Analysis

Greater Houston Hispanic Chamber of Commerce Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2010, 16 years ago. 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, Greater Houston Hispanic Chamber of Commerce Foundation reported income of $108k and spending of $190k, spending 176% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $177k to $108k (-39%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Houston Hispanic Chamber of Commerce Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Peebles Court Inc ($108k), The Western Society of Criminology Ca State University San Bernardino ($108k) and Little League Baseball Inc ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $645k against liabilities of $667k, net assets of -$22k.