Central Houston Civic Improvement Inc

Analysis

Central Houston Civic Improvement Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 1984, 42 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 (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, Central Houston Civic Improvement Inc reported income of $1.2m and spending of $864k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.3m to $1.2m (-12%), an average of -4.2% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Central Houston Civic Improvement Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Sheet Metal Workers Joint Apprenticeship Committee of Reno ($1.2m), Transitional Employment Consultants ($1.2m) and Kentucky Industrial Development Council Inc ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $395k. At year end it held assets of $1.9m against liabilities of $277k, net assets of $1.6m.