Ghba Charitable Foundation

Analysis

Ghba Charitable Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2014, 12 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, Ghba Charitable Foundation reported income of $449k and spending of $435k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $449k (+372%), an average of +372% a year. The sharpest change came in the year to December 2023, when income rose by 372%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ghba Charitable Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Community Foundation of Carroll County ($449k), Community Foundations Service Corporation ($449k) and Fmu Charitable Foundationincorporated ($449k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $205k against liabilities of $61k, net assets of $144k.