Houston Food Bank Endowment Inc

Analysis

Houston Food Bank Endowment Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 1995, 31 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Houston Food Bank Endowment Inc reported income of $404k and spending of $212k, leaving 48% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $201k to $404k (+101%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 67%. Over the whole period it spent 23% 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 Food Bank Endowment Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Key West Womans Club Inc ($404k), United Way of Ellis County ($404k) and Emmanuels Hammer ($404k).

At year end it held assets of $8.9m against liabilities of $0, net assets of $8.9m.