Leadership Houston Endowment Inc

Analysis

Leadership Houston Endowment Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, Leadership Houston Endowment Inc reported income of $91k and spending of $34k, leaving 62% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $75k to $91k (+21%), an average of +10% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 30% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Leadership Houston Endowment Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Bixby Development Foundation Inc ($91k), The Heritage Trust for Preservation & Restor of Historic Burlington Ia ($91k) and Urban Enterprise Association of Richmond Inc ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $500k against liabilities of $0, net assets of $500k.