Houston Womens Business Council Inc

Analysis

Houston Womens Business Council Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 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 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, Houston Womens Business Council Inc reported income of $1.1m and spending of $895k, spending 84% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $891k to $1.1m (+20%), an average of +3.6% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 86% 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 Womens Business Council Inc sits at the 82nd percentile: it is larger than about 82% 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 Charitable Partnership Fund ($1.1m), Met Cares Foundation Inc ($1.1m) and Sar Foundation Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $149k (17% of expenses). Other salaries and wages came to $357k. At year end it held assets of $1.3m against liabilities of $247k, net assets of $1.1m. It reported 10 employees.