Foundation for the Council on Alcohol and Drug Abuse-Houston Inc

Analysis

Foundation for the Council on Alcohol and Drug Abuse-Houston Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 1988, 38 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Foundation for the Council on Alcohol and Drug Abuse-Houston Inc reported income of $121k and spending of $799k, spending 659% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $604k to $121k (-80%), an average of -33% a year. The sharpest change came in the year to August 2021, when income rose by 299%. Over the whole period it spent 122% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation for the Council on Alcohol and Drug Abuse-Houston Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Reach Out for Life ($121k), Home4me Incorporated ($121k) and Interamerican Heart Foundation Inc ($121k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 40% of the total. Compensation of current officers, directors and key employees was $99k (12% of expenses). Other salaries and wages came to $38k. At year end it held assets of $12.0m against liabilities of $86k, net assets of $11.9m. It reported 3 employees.