Overview
What is Houston's Charity For Children Inc?
Houston's Charity for Children Inc, also known as Houston Children's Charity, is a compassionate nonprofit organization situated in Houston, Texas. With a team of nine dedicated individuals, their primary mission is to support initiatives that benefit children. They achieve this by providing vans and other essential resources to families with special needs children or to other organizations that serve children directly. The organization's purpose is to contribute to causes related to children, and their mission is to offer direct support through vehicles and other means to organizations that cater to the needs of children. The charity operates under the name Houston Children's Charity and is committed to enhancing the lives of children in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
Houston's Charity For Children Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. The organization excels in several key areas, including having a fully independent board and robust financial oversight mechanisms. Their fiscal management, characterized by an impressive program expense ratio of 88.55% and low fundraising costs, reflects a focus on efficiently using donations to benefit children.
The charity's governance structure is particularly noteworthy, with 96% of board members being independent, which enhances transparency and reduces potential conflicts of interest. They have established comprehensive policies such as whistleblower and conflict of interest policies, and demonstrate sound financial practices, including regular audits and active monitoring of assets and liabilities.
One area that may present a slight concern is the working capital ratio, which stands at 0.39 years. While this indicates some vulnerability in terms of short-term financial stability, the overall strong metrics suggest that the organization is well-managed and committed to its mission of supporting children in need.
This AI summary has been generated from information found on Charity Navigator.
Is Houston's Charity For Children Inc legitimate?
Houston's Charity For Children Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houston's Charity For Children Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $144,350
Professional Fundraising Fees: $0
Other Salaries and Wages: $358,966
For more financial information, click here
What is the mission statement of Houston's Charity For Children Inc?
Houston's Charity For Children Inc's mission is centered around supporting causes related to children. This organization strives to achieve this by offering assistance to other organizations that directly benefit children. Their mission encompasses providing vehicles and various forms of support to these organizations. By doing so, Houston's Charity For Children Inc aims to contribute to the betterment and well-being of children in need. One of their notable initiatives is Chariots for Children, through which they donate vans to families with children who have special needs or to organizations offering services to children.
Who is the CEO of Houston's Charity For Children Inc?
Laura S Ward is the President & Ceo of Houston's Charity For Children Inc. The CEO's salary of Houston's Charity For Children Inc is $352,073 and their total compensation is $359,795.
What is the revenue of Houston's Charity For Children Inc?
Houston's Charity For Children Inc's revenue in 2022 was $4,928,594.
Who are the executives of Houston's Charity For Children Inc and what are their salaries?
The average compensation at Houston's Charity For Children Inc during 2022 was $55,924. There are 9 employees and 1650 volunteers at Houston's Charity For Children Inc.
Here are 27 key members and their salaries (Houston's Charity For Children Inc's CEO's salary is $352,073 and their total compensation is $359,795):
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Where can I find the form 990 for Houston's Charity For Children Inc?
Houston's Charity For Children Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Houston's Charity For Children Inc
Houston's Charity For Children Inc, as a charitable organization, is committed to supporting causes related to children. Its mission is to provide resources and assistance to other organizations that directly benefit children. This support can take various forms, including the provision of vehicles. By doing so, Houston's Charity For Children Inc aims to contribute to the well-being and development of children in need. It is through this mission that the charity seeks to make a positive impact on the lives of young individuals, ensuring they have access to the support they require.
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Impact
July, 2024
Houston's Charity For Children Inc has a direct impact on improving the lives of children in need by providing essential transportation support through their Chariots for Children program. By contributing vans to families with children who have special needs and organizations that serve children, this charity plays a crucial role in facilitating access to necessary services and resources. Through their focused efforts on supporting causes related to children, Houston's Charity For Children Inc positively impacts the community by enhancing the quality of life for these vulnerable populations.
This information is meant to be a general summary of Houston's Charity For Children Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $76
- Gross Receipts: $5,747,223
Assets and Liabilities:
- Total Assets: $1,631,144
- Total Liabilities: $12,755
- Net Assets: $1,618,389
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Organization Details
Founding Year
1982
Phone
(713) 524-2878Principal Officer
Laura S Ward
Main Address
1600 W LOOP SOUTH 610, HOUSTON, TX, 77027
NTEE Category
Code: S80Z - Community improvement
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