Warehouses4good

Analysis

Warehouses4good is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Warehouses4good reported income of $397k and spending of $285k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $252k to $397k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Warehouses4good sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Standup-Speakout-Nc ($397k), Learn and Grow Child Care Center Inc ($397k) and Builders Beyond Borders ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $30k (11% of expenses). Other salaries and wages came to $12k. At year end it held assets of $179k against liabilities of $14k, net assets of $165k.