Houston International Initiatives

Analysis

Houston International Initiatives is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2013, 13 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 July 2024, Houston International Initiatives reported income of $594k and spending of $594k, spending 100% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $126k to $594k (+373%), an average of +48% a year. The sharpest change came in the year to July 2022, when income rose by 2520%. Over the whole period it spent 118% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Houston International Initiatives sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Rock River Development Partnership Inc ($594k), Northside Common Market ($594k) and Greater Jamaica Local Development Corp Inc ($594k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.