Bay Area Houston Convention and Visitors Bureau

Analysis

Bay Area Houston Convention and Visitors Bureau is a registered charity in United States, based in Webster, TX. It received its IRS tax-exemption ruling in September 2002, 24 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 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 September 2021, Bay Area Houston Convention and Visitors Bureau reported income of $180k and spending of $203k, spending 113% of what it took in. Across the 3 years on record, from September 2019 to September 2021, income fell from $395k to $180k (-54%), an average of -32% a year. The sharpest change came in the year to September 2020, when income dropped by 48%. Over the whole period it spent 112% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bay Area Houston Convention and Visitors Bureau sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Creative Placemaking Communities ($180k), German Central Foundation ($180k) and Henry County Industries Inc ($180k).

On its Form 990 for the period ending September 2021, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $58k. At year end it held assets of $395k against liabilities of $90, net assets of $395k. It reported 1 employees.