Better Business Bureau of Metropolitan Houston Educational F

Analysis

Better Business Bureau of Metropolitan Houston Educational F is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 1970, 56 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 December 2023, Better Business Bureau of Metropolitan Houston Educational F reported income of $1.4m and spending of $1.4m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $602k to $1.4m (+141%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Better Business Bureau of Metropolitan Houston Educational F sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include No Limits Cafe ($1.4m), Southwest Organizations Unifying Resources for Our Community & Empl ($1.5m) and Charity Guild of Catholic Women of Harris County ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $159k (12% of expenses). Other salaries and wages came to $320k. At year end it held assets of $1.5m against liabilities of $100k, net assets of $1.4m.