Upper Kirby District Foundation

Analysis

Upper Kirby District Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Upper Kirby District Foundation reported income of $1.8m and spending of $1.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $831k to $1.8m (+111%), an average of +20% a year. The sharpest change came in the year to June 2020, when income rose by 52%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Upper Kirby District Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Peralta Service Corp ($1.8m), Advance Community Outreach Center Inc ($1.8m) and Monterey Park Lions Club Senior Citizens Housing Corporation ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.0% and program service revenue 84% of the total. At year end it held assets of $3.1m against liabilities of $320k, net assets of $2.8m.