Congaree Foundation
Analysis
Congaree Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 December 2023, Congaree Foundation reported income of $3.0m and spending of $1.2m, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.0m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 151%. Over the whole period it spent 34% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Congaree Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Community Youth Advance Incorporated ($3.0m), Institute for the Development of African American Youth Inc ($3.0m) and I C a N Improving Chandlers Area Neighborhoods ($3.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 7.0% of the total. Other salaries and wages came to $61k. At year end it held assets of $15.3m against liabilities of $318k, net assets of $15.0m. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 77%
- Program services 7.0%
- Other 16%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Community Youth Advance Incorporated | Hyattsville | $3.0m |
| Institute for the Development of African American Youth Inc | Philadelphia | $3.0m |
| I C a N Improving Chandlers Area Neighborhoods | Chandler | $3.0m |
| Network Connect Inc | Wilmington | $3.0m |