Barbers Hill Homecoming and Scholarship Association

Analysis

Barbers Hill Homecoming and Scholarship Association is a registered charity in United States, based in Mont Belvieu, TX. It received its IRS tax-exemption ruling in May 1977, 49 years ago. 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 2022, Barbers Hill Homecoming and Scholarship Association reported income of $242k and spending of $55k, leaving 77% of income unspent that year. Across the 4 years on record, from December 2018 to December 2022, income grew from $48k to $242k (+399%), an average of +71% a year. The sharpest change came in the year to December 2022, when income rose by 289%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Barbers Hill Homecoming and Scholarship Association sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Catholic Charities Tell City ($242k), Montana Association for the Blind Inc ($242k) and Georgia Extension 4-H Foundation ($242k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 89% of the total. At year end it held assets of $840k against liabilities of $0, net assets of $840k.