Rotary Club of Houston Heights Charitable Foundation

Analysis

Rotary Club of Houston Heights Charitable Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 1993, 33 years ago. 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, Rotary Club of Houston Heights Charitable Foundation reported income of $1.1m and spending of $48k, leaving 96% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $85k to $1.1m (+1170%), an average of +89% a year. The sharpest change came in the year to June 2023, when income rose by 913%. Over the whole period it spent 28% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rotary Club of Houston Heights Charitable Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Access Community Experience Inc ($1.1m), Des Moines Area Medical Education Consortium Inc ($1.1m) and South Texas Youth Soccer Association ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $2.0m against liabilities of $603k, net assets of $1.4m.