Katy Responds

Analysis

Katy Responds is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Katy Responds reported income of $547k and spending of $806k, spending 147% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $523k to $547k (+4.5%), an average of +1.5% a year. The sharpest change came in the year to December 2022, when income dropped by 48%. 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, Katy Responds sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include San Gabriel Valley Foundation for Dental Health ($547k), Chanku Waste Ranch ($547k) and Hcu Network America ($547k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $102k (13% of expenses). Other salaries and wages came to $129k. At year end it held assets of $325k against liabilities of $19k, net assets of $306k. It reported 6 employees.