National Black Mba Association Houston Chapter Inc

Analysis

National Black Mba Association Houston Chapter Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Black Mba Association Houston Chapter Inc reported income of $57k and spending of $80k, spending 140% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $57k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 137% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, National Black Mba Association Houston Chapter Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Dubuque Jaycees Foundation ($57k), Massachusetts Educational Recruiting Consortium Inc ($57k) and Rebuilding the Village Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.4% of the total. At year end it held assets of $177k against liabilities of $0, net assets of $177k.