Community Collective for Houston

Analysis

Community Collective for Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 2023, 3 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Community Collective for Houston reported income of $125k and spending of $314k, spending 251% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $125k (+10.0%), an average of +10% a year. Over the whole period it spent 175% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Collective for Houston sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include New Britain Civic Association ($125k), American Academy of Pediatrics Hawaii Chapter Inc ($125k) and One Mission ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $42k (13% of expenses). Other salaries and wages came to $39k. At year end it held assets of $2.8m against liabilities of $2.7m, net assets of $178k. It reported 3 employees.