Communities for Good Fund

Analysis

Communities for Good Fund is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Communities for Good Fund reported income of $2.2m and spending of $2.3m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $2.2m (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2020, when income dropped by 18%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Communities for Good Fund sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Tucker County Senior Citizens Inc ($2.2m), Kelsch Homes Inc ($2.2m) and Hilltop Lutheran Neighborhood Center Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $20.6m against liabilities of $18.2m, net assets of $2.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.