GHF Endowment Inc

Analysis

GHF Endowment Inc is a registered charity in United States, based in Galveston, TX. It received its IRS tax-exemption ruling in January 1992, 34 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 supporting organisation under section 501(c)(3).

In the financial year ending June 2023, GHF Endowment Inc reported income of $190k and spending of $155k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $148k to $190k (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2022, when income rose by 225%. Over the whole period it spent 130% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, GHF Endowment Inc sits at the 58th percentile: it is larger than about 58% 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 Kona Choral Society Inc ($190k), Lecompton Historical Society ($190k) and Cobb County Youth Museum Inc ($190k).

At year end it held assets of $4.1m against liabilities of $0, net assets of $4.1m.