Lone Star State Capital Corporation

Analysis

Lone Star State Capital Corporation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2009, 17 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 September 2023, Lone Star State Capital Corporation reported income of $56k and spending of $47k, spending 84% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $62k to $56k (-9.4%), an average of -9.4% a year. Over the whole period it spent 66% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lone Star State Capital Corporation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Engage Estero Inc ($56k), Operation Ukraine ($56k) and Bourbon Women Education Foundation Inc ($56k).

At year end it held assets of $296k against liabilities of $23k, net assets of $273k.