Gulf Coast Leadership Council Inc

Analysis

Gulf Coast Leadership Council Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 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 2023, Gulf Coast Leadership Council Inc reported income of $994k and spending of $727k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $554k to $994k (+79%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gulf Coast Leadership Council Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Three Bears Gift Shop ($993k), Catholic Charities of the Diocese of Pueblo Works Corp ($994k) and Colonnade Club of the University of Virginia ($993k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $398k. At year end it held assets of $717k against liabilities of $220k, net assets of $497k. It reported 11 employees.