Guidance College Inc

Analysis

Guidance College Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Guidance College Inc reported income of $844k and spending of $693k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $629k to $844k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Guidance College Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Aldrich Public Library ($844k), Friendship Access to Clinical Therapeutic Services ($845k) and Seaside Playgarden Preschool Inc ($844k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.1% of the total. It paid $61k in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $5,640, net assets of $1.1m.