Houston Jewish Community Foundation

Analysis

Houston Jewish Community Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2022, Houston Jewish Community Foundation reported income of $32.5m and spending of $22.2m, leaving 32% of income unspent that year. Across the 4 years on record, from August 2019 to August 2022, income grew from $31.6m to $32.5m (+2.8%), an average of +0.9% a year. The sharpest change came in the year to August 2022, when income rose by 35%. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Houston Jewish Community Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Ohio Shared Information Services Inc ($32.1m), The Skoll Fund ($32.5m) and The Community Foundation of Western North Carolina Inc ($32.0m).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 84% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $140k (0.6% of expenses). Other salaries and wages came to $477k. At year end it held assets of $202.1m against liabilities of $60.1m, net assets of $142.0m. It reported 6 employees.