Houston Chapter American Concrete Institute

Analysis

Houston Chapter American Concrete Institute is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 1980, 46 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Houston Chapter American Concrete Institute reported income of $705k and spending of $679k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $452k to $705k (+56%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Houston Chapter American Concrete Institute sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Club of Hearts Inc ($705k), Colorado Association for Career and Technical Education ($705k) and Friends of Rhode Island Avenue Ne ($705k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 99% of the total. At year end it held assets of $369k against liabilities of $25k, net assets of $345k.