Houston Junior Forum Endowment Fund Inc

Analysis

Houston Junior Forum Endowment Fund Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 1990, 36 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Houston Junior Forum Endowment Fund Inc reported income of $118k and spending of $92k, leaving 22% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $13k to $118k (+801%), an average of +108% a year. The sharpest change came in the year to May 2021, when income rose by 1088%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Houston Junior Forum Endowment Fund Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Tomahawk Mainstreet Inc ($118k), Friends of Howell Station ($118k) and Hudson Development Corporation ($117k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 20% of the total. At year end it held assets of $1.6m against liabilities of $72, net assets of $1.6m.