Greater Houston Community Foundation

Analysis

Greater Houston Community Foundation 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).

In the financial year ending December 2023, Greater Houston Community Foundation reported income of $15.0m and spending of $12k, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $7.3m to $15.0m (+107%), an average of +107% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 0.1% 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 Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include In Touch Foundation Inc ($15.0m), Rancho Santa Fe Foundation ($15.0m) and Cass County Community Foundation Inc ($15.0m).

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 $22.3m against liabilities of $12k, net assets of $22.2m.