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. 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 $7.9m and spending of $22.4m, spending 284% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $220.4m to $7.9m (-96%), an average of -96% a year. The sharpest change came in the year to December 2023, when income dropped by 96%. Over the whole period it spent 9.9% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Houston Community Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Greater Hartford Ridesharing Corporation ($7.9m), Trinity High School Foundation Inc ($7.9m) and United Disability Services Inc ($7.9m).

At year end it held assets of $231.0m against liabilities of $2,380, net assets of $231.0m.