Land of My Grandfathers Inc

Analysis

Land of My Grandfathers Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Land of My Grandfathers Inc reported income of $121k and spending of $128k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $105k to $121k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Land of My Grandfathers Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Traveling Stories ($121k), Lake Stevens Education Foundation ($121k) and Portola Valley Parent Teacher Oranization ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $412k against liabilities of $221k, net assets of $191k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.