Foundation for Black Heritage and Culture

Analysis

Foundation for Black Heritage and Culture is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 December 2023, Foundation for Black Heritage and Culture reported income of $131k and spending of $132k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $13k to $131k (+907%), an average of +217% a year. The sharpest change came in the year to December 2022, when income rose by 905%. Over the whole period it spent 102% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Foundation for Black Heritage and Culture sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Casa the Voice for Clinton Countys Children ($131k), Peach Concerned Citizens Inc ($131k) and International Latino Gang Investigators Association ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.