Greater Houston Community Foundatio

Analysis

Greater Houston Community Foundatio is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greater Houston Community Foundatio reported income of $61k and spending of $110k, spending 180% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $17.4m to $61k (-100%), an average of -85% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 1.3% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greater Houston Community Foundatio sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include Pile of Puppies ($61k), Angels Flight Railway Foundation ($61k) and Friends of Auckland Grammar School NFP ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $17.4m against liabilities of $1,000, net assets of $17.4m.