Houstons House of Hope

Analysis

Houstons House of Hope is a registered charity in United States, based in Baytown, TX. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Houstons House of Hope reported income of $617k and spending of $456k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $330k to $617k (+87%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 175%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Houstons House of Hope sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Cross Cultural Expressions ($617k), Food for Our Journey ($617k) and Abraham Project Inc ($617k).

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 $18k (4.0% of expenses). Other salaries and wages came to $175k. At year end it held assets of $1.2m against liabilities of $883k, net assets of $295k. It reported 27 employees.