Spring Branch Center Building Foundation

Analysis

Spring Branch Center Building Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Spring Branch Center Building Foundation reported income of $425k and spending of $488k, spending 115% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $385k to $425k (+10%), an average of +3.3% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spring Branch Center Building Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Chesco Services ($425k), Mendota Mdewakanton Dakota Tribal Community ($425k) and Wisconsin Dental Association Foundation Inc ($425k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $4.1m against liabilities of $0, net assets of $4.1m.

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.