Peoples Club of Nigeria International Houston Branch

Analysis

Peoples Club of Nigeria International Houston Branch is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Peoples Club of Nigeria International Houston Branch reported income of $390k and spending of $413k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $399k to $390k (-2.3%), an average of -0.6% a year. The sharpest change came in the year to December 2023, when income rose by 103%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Peoples Club of Nigeria International Houston Branch sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Miami Youth Ballet Inc ($390k), Monument Legacy Inc ($390k) and New Orleans Access Television Inc ($390k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m.