Center for Pursuit

Analysis

Center for Pursuit is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 1953, 73 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Center for Pursuit reported income of $13.5m and spending of $16.2m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $14.0m to $13.5m (-3.1%), an average of -0.8% a year. The sharpest change came in the year to June 2021, when income rose by 181%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Pursuit sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Boone County Senior Citizen Service Corporation ($13.5m), Wings Special Needs Adult Community ($13.6m) and Young Mens Christian Assn Westport ($13.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $634k (3.9% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $21.8m against liabilities of $8.3m, net assets of $13.5m. It reported 310 employees.