Houston Health Foundation

Analysis

Houston Health Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 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 June 2023, Houston Health Foundation reported income of $1.9m and spending of $2.6m, spending 140% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $1.9m (-9.0%), an average of -2.3% a year. The sharpest change came in the year to June 2022, when income rose by 71%. Over the whole period it spent 82% 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 Health Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Love Inc of Brevard Inc ($1.8m), United Way of Addison County Inc ($1.9m) and Marshall County Community ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $166k (6.4% of expenses). Other salaries and wages came to $248k. At year end it held assets of $4.1m against liabilities of $266k, net assets of $3.8m. It reported 6 employees.