Houston Barc Foundation

Analysis

Houston Barc Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2011, 15 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 Barc Foundation reported income of $285k and spending of $150k, leaving 48% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $426k to $285k (-33%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 115% 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 Barc Foundation 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 Mikeys Way Foundation ($285k), Westmoreland Human Services Inc ($285k) and Connected Hearts Ministry ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $574k against liabilities of $0, net assets of $574k.