Houstons Amazing Place Inc

Analysis

Houstons Amazing Place Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 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 December 2023, Houstons Amazing Place Inc reported income of $5.7m and spending of $4.2m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.1m to $5.7m (-5.8%), an average of -1.5% a year. The sharpest change came in the year to December 2022, when income rose by 132%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Houstons Amazing Place Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Georgia Sheriffs Youth Homes Inc ($5.7m), Housing Opportunities Inc ($5.7m) and Young Mens Christian Association of San Joaquin County ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $296k (7.0% of expenses). Other salaries and wages came to $1.9m. It paid $65k in professional fundraising fees. At year end it held assets of $20.8m against liabilities of $1.4m, net assets of $19.4m. It reported 36 employees.