Montrose Counseling Center Permanent Endowment Inc

Analysis

Montrose Counseling Center Permanent Endowment Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Montrose Counseling Center Permanent Endowment Inc reported income of $539k and spending of $577k, spending 107% of what it took in. Across the 4 years on record, from August 2019 to August 2022, income fell from $574k to $539k (-6.1%), an average of -2.1% a year. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Montrose Counseling Center Permanent Endowment 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 71st percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Vocational Independence Program Vip ($539k), Relentless Pursuit Outreach & Recovery Corporation ($539k) and Tuscaloosa Child Care Association Inc ($539k).

On its Form 990 for the period ending August 2022, revenue came from program service revenue 105% of the total. At year end it held assets of $5.2m against liabilities of $192k, net assets of $5.0m.