Lupus Foundation of America Texas Gulf Coast Chapter Inc

Analysis

Lupus Foundation of America Texas Gulf Coast Chapter Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 1987, 39 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 September 2023, Lupus Foundation of America Texas Gulf Coast Chapter Inc reported income of $434k and spending of $473k, spending 109% of what it took in. Across the 4 years on record, from December 2019 to September 2023, income grew from $365k to $434k (+19%), an average of +6.0% a year. The sharpest change came in the year to September 2023, when income rose by 92%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lupus Foundation of America Texas Gulf Coast Chapter Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Open Door Ventures ($434k), The Southeastern Illinois College Foundation ($434k) and Vet Guard USA Inc ($434k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $198k. At year end it held assets of $12k against liabilities of $34k, net assets of -$21k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.