Spring Branch Human Resources Partnership Inc

Analysis

Spring Branch Human Resources Partnership Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 1997, 29 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 (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, Spring Branch Human Resources Partnership Inc reported income of $395k and spending of $492k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $435k to $395k (-9.1%), an average of -2.4% a year. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Spring Branch Human Resources Partnership Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Leadership Medina County ($395k), Sound Employment Services ($396k) and New Harvest Ministriesinternational Inc ($395k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. Compensation of current officers, directors and key employees was $227k (46% of expenses). Other salaries and wages came to $54k. At year end it held assets of $1.2m against liabilities of $12k, net assets of $1.2m. It reported 3 employees.

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.