Row House Community Development

Analysis

Row House Community Development is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 August 2023, Row House Community Development reported income of $483k and spending of $573k, spending 119% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $485k to $483k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to August 2021, when income rose by 75%. Over the whole period it spent 116% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Row House Community Development sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Hawaii Peace and Justice ($481k), Fw4k Enterprise Inc ($483k) and Renton Ecumenical Association of Churches ($481k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 9.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $60k (10% of expenses). At year end it held assets of $5.5m against liabilities of $312k, net assets of $5.2m. It reported 1 employees.