Houston Launch Pad

Analysis

Houston Launch Pad is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 Launch Pad reported income of $622k and spending of $654k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $719k to $622k (-13%), an average of -3.6% a year. The sharpest change came in the year to December 2020, when income dropped by 16%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Houston Launch Pad sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Ahepa 89 Inc ($622k), Colorado Association for School- Based Health Care ($622k) and Foundation of the National Student Nurses Association ($622k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $69k (11% of expenses). At year end it held assets of $337k against liabilities of $132k, net assets of $204k. 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.