Houston City College Foundation

Analysis

Houston City College Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 1976, 50 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Houston City College Foundation reported income of $7.8m and spending of $6.6m, spending 85% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.7m to $7.8m (+111%), an average of +20% a year. The sharpest change came in the year to August 2021, when income rose by 57%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Houston City College Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Bulloch Academy Inc ($7.8m), Early College High School at Delaware State University Inc ($7.8m) and Spring Creek Charter School Inc ($7.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $20.4m against liabilities of $711k, net assets of $19.7m.