Italy-america Chamber of Commerce of Texas Inc
501(c)(6)
Only null% goes to programs
Italy-america Chamber of Commerce of Texas Inc is a 501(c)(6) organization based in Houston, Texas, registered in 1993, with $621,160 in FY2024 revenue. CharityIndex grades it B.
1225 North Loop W Ste 450, Houston, TX, 77008 EIN 76-0385986 Since 1993
Revenue (FY2024)
$621K
▼ 5.3% vs prior year
Expenses (FY2024)
$611K
Net assets
$279K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Italy-america Chamber of Commerce of Texas Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Italy-america Chamber of Commerce of Texas Inc: 5 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Italy-america Chamber of Commerce of Texas Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Italy-america Chamber of Commerce of Texas Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $333K (FY2013) to $621K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2,159Net assets $279K
Operating margin
1.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$281K
Total liabilities
$2,159
Net assets
$279K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $621,160▼5.3% | $610,811▼1.6% | $278,659▲3.9% | $280,818▲2.7% | 990 |
| 2023 | $655,938▲6.7% | $620,794▼3.0% | $268,310▲15.1% | $273,477▲10.1% | 990 |
| 2022 | $614,475▼10.6% | $639,697▼4.8% | $233,166▼9.8% | $248,446▼13.1% | 990 |
| 2021 | $687,419▲14.4% | $671,759▲15.2% | $258,388▲4.1% | $285,869▼21.9% | 990 |
| 2020 | $601,145▼27.4% | $583,008▼23.8% | $248,206▲7.9% | $366,057▼2.1% | 990 |
| 2019 | $828,269▲23.6% | $765,006▲25.4% | $230,069▲37.9% | $374,099▲27.0% | 990 |
| 2018 | $669,915▲23.7% | $610,076▲7.9% | $166,806▲55.9% | $294,607▲142% | 990 |
| 2017 | $541,736▼4.4% | $565,433▲15.9% | $106,967▼18.1% | $121,847▼49.8% | 990 |
| 2016 | $566,687▲70.3% | $488,008▲49.8% | $130,664▼36.8% | $242,902▲16.9% | 990 |
| 2013 | $332,801 | $325,856▲39.0% | $206,715▲3.5% | $207,708▲4.0% | 990 |
| 2012 | — | $234,487 | $199,770 | $199,770 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Italy-america Chamber of Commerce of Texas Inc a legitimate nonprofit?
- Yes. Italy-america Chamber of Commerce of Texas Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 76-0385986, based in Houston, Texas.
- What is Italy-america Chamber of Commerce of Texas Inc's EIN?
- Italy-america Chamber of Commerce of Texas Inc's Employer Identification Number (EIN) is 76-0385986.
- How much revenue does Italy-america Chamber of Commerce of Texas Inc report?
- Italy-america Chamber of Commerce of Texas Inc reported $621,160 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Italy-america Chamber of Commerce of Texas Inc have?
- CharityIndex grades Italy-america Chamber of Commerce of Texas Inc B, based on financial health (reserves and operating margin).
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Data for Italy-america Chamber of Commerce of Texas Inc (EIN 76-0385986) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.