Rotary Club of Lake Houston Foundation Inc

Analysis

Rotary Club of Lake Houston Foundation Inc is a registered charity in United States, based in Humble, TX. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Rotary Club of Lake Houston Foundation Inc reported income of $134k and spending of $122k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $167k to $134k (-20%), an average of -5.4% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rotary Club of Lake Houston Foundation Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Friends of the Farmers Market ($134k), Pro Derechos Humanos Inc ($134k) and Local 47 Ibew Injured Workers Relief Fund ($134k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $439k against liabilities of $42k, net assets of $397k.