Its Time a Houghton Family Global Charity

Analysis

Its Time a Houghton Family Global Charity is a registered charity in United States, based in Salem, UT. It received its IRS tax-exemption ruling in August 2019, 7 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 2023, Its Time a Houghton Family Global Charity reported income of $291k and spending of $548k, spending 188% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $351k to $291k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Its Time a Houghton Family Global Charity sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within UT. Charities of a similar size with the same main cause include Katie Teets Bradshaw Comfort House ($291k), Options for Women ($291k) and Riding for a Reason ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $28k (5.1% of expenses). Other salaries and wages came to $19k. At year end it held assets of $207k against liabilities of $822, net assets of $206k. It reported 3 employees.