Overview

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Est.

2018

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

IMPACT HUB HOUSTON is a 501(c)(3) nonprofit organization dedicated to inspiring, connecting, and empowering changemakers in education and human services. Operating with an annual budget of $1.2 million and total revenue of $1.8 million, it collaborates with over 130 Impact Hubs in more than 68 countries to provide entrepreneur acceleration, incubation, and training programs aimed at fostering impactful solutions and strengthening local economies. The organization does not rely on any single funder for 50% or more of its revenue. For more information, visit their website at https://houston.impacthub.net/.

Mission Statement

IMPACT HUB HOUSTON IS A 501C3 NONPROFIT ORGANIZATION THAT WORKS ALONGSIDE OVER 130 IMPACT HUBS ACROSS 68+ COUNTRIES TO INSPIRE, CONNECT, AND EMPOWER "CHANGEMAKERS" - PEOPLE WORKING AT THE INTERSECTIONS OF INNOVATION AND ENTREPRENEURSHIP FOR A MORE JUST AND SUSTAINABLE WORLD TO REACH THEIR FULL POTENTIAL AND THRIVE. IT DESIGNS AND DELIVERS ENTREPRENEUR AND ECOSYSTEM ACCELERATION, INCUBATION, TRAINING AND SUPPORT PROGRAMS, AND FACILITATES CAPACITY BUILDING, PROFESSIONAL CONNECTIONS, AND ACCESS TO CAPITAL, TO HELP THESE CHANGEMAKERS DEVELOP IMPACTFUL SOLUTIONS, LAUNCH STARTUPS, GROW SMALL BUSINESSES, CREATE QUALITY JOBS, STRENGTHEN FAMILIES AND COMMUNITIES, AND RE-INVEST IN THEIR LOCAL ECONOMIES TO ULTIMATELY BENEFIT THE GREATER GOOD.
Revenues
$1.8M
Expenses
$1.4M
Net Income:
+$470.6K
Assets
$1.2M
Liabilities
$221.4K
Net Assets:
+$987.1K
Operating Budget
$1.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
5
Median grant size
$25K
Largest grant received
$300K
L
Lee Mayfield
Board Member
G
Grace Rodriguez
Board Member
E
Erik Ibarra
Board Member

Frequently Asked Questions

What is IMPACT HUB HOUSTON’s budget?
In 2024, IMPACT HUB HOUSTON reported an annual operating budget of around $1.2 million. More detailed financial information is available to registered users.
What causes does IMPACT HUB HOUSTON support?
IMPACT HUB HOUSTON supports work in Education and Human services.
Where does IMPACT HUB HOUSTON operate?
IMPACT HUB HOUSTON is headquartered in Houston, TX.
Who funded IMPACT HUB HOUSTON recently?
In 2024, IMPACT HUB HOUSTON received grants from JPMORGAN CHASE FOUNDATION, Wells Fargo Foundation, and Texas Capital Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant IMPACT HUB HOUSTON received in 2024?
The largest grant to IMPACT HUB HOUSTON in 2024 exceeds $300 thousand.
What is IMPACT HUB HOUSTON’s reliance on government grants?
IMPACT HUB HOUSTON relied on government grants for more than 65% of their total revenue in 2024.