Loving Houston

Analysis

Loving Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Loving Houston reported income of $118k and spending of $213k, spending 181% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $307k to $118k (-62%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 69%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loving Houston sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Atlas of Osceola County ($118k), Unbroken Dreams Inc ($118k) and Senior Citizen Outreach Entity Inc ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $48k (22% of expenses). Other salaries and wages came to $65k. At year end it held assets of $237k against liabilities of $30k, net assets of $208k. It reported 4 employees.