Culinary Endowment and Scholarship Inc

Analysis

Culinary Endowment and Scholarship Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Culinary Endowment and Scholarship Inc reported income of $183k and spending of $226k, spending 124% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $140k to $183k (+31%), an average of +9.4% a year. The sharpest change came in the year to June 2022, when income rose by 3038%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Culinary Endowment and Scholarship Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Free Public Library of Stratford ($183k), Penn Before and After School Program ($183k) and Avon Free Public Library Inc ($183k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $554k against liabilities of $0, net assets of $554k.