Credit Coalition

Analysis

Credit Coalition is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 November 2023, Credit Coalition reported income of $195k and spending of $149k, leaving 24% of income unspent that year. Across the 2 years on record, from November 2022 to November 2023, income grew from $154k to $195k (+27%), an average of +27% a year. The sharpest change came in the year to November 2023, when income rose by 27%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Credit Coalition sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Toledo Independent Childcare Center ($195k), Anzeumafacks Foundation Inc ($195k) and South Tampa Ecumenical Ministries Inc ($195k).

On its Form 990-EZ for the period ending November 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. At year end it held assets of $235k against liabilities of $0, net assets of $235k.