Gulfton Area Neighborhood Organization Inc

Analysis

Gulfton Area Neighborhood Organization Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 1986, 40 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, Gulfton Area Neighborhood Organization Inc reported income of $142k and spending of $161k, spending 113% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $249k to $142k (-43%), an average of -24% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gulfton Area Neighborhood Organization Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Philippine American Community of Bergen County ($142k), Church Women United Thrift Shop Inc ($142k) and Northampton Education Foundation Inc ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $17k against liabilities of $22k, net assets of -$5,317.