Public Charity

THE FURNITURE BANK

Based in HOUSTON, TX, THE FURNITURE BANK operates as a Public Charity. The organization reported $3.2M in revenue, $2.9M in expenses, $3.6M in total assets for fiscal year 2024. Imperigo tracks 20 reported grant relationships connected to this organization totaling approximately $2.7M.

EIN: 470907461 HOUSTON, TX Fund Raising & Fund Distribution NTEE: P12 Latest filing: 2024
Total Revenue$3.2M
Total Expenses$2.9M
Total Assets$3.6M
Grant Records20
Funding Total$2.7M
Filing Years2019–2024

Mission

THE FURNITURE BANK IS A CHARITABLE ORGANIZATION THAT COLLECTS AND DISTRIBUTES FURNITURE AND HOME FURNISHINGS TO THOSE IN NEED.

Where $100 goes at The Furniture Bank

How The Furniture Bank divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$99 Programs the work itself
$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $99 for programs

$50
The Furniture Bank is a charitable organization that collect distributes furniture and home furnishings free of charge or reduced in price for people in need that have received…
About 50% (cost not reported) · Reported in the filing: 24,000 families
$49
The Furniture Bank is a charitable organization that collect distributes furniture and home furnishings free of charge or reduced in price for people in need that have received…
50% of program spending · Reported in the filing: 24,000 families
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
GIVING AND GENEROSITY
$33,500
2024
No Kid on the Floor project support
$12,000
$8,000
2024
For grant recipient's exempt purposes
$5,500
2023
No Kid on the Floor project
$12,000

Showing up to 5 of 20 total records — full history available with membership.

Officers & Directors

DIRECTOR Bernadine Falco
DIRECTOR Francie Willis
DIRECTOR Frank Monacelli
DIRECTOR Gary Matocha
VICE CHAIRMA Hal Lynde
DIRECTOR Kari Smith

Officer compensation and complete director data available with membership.

Top Grant Purposes

Human & Social Services
$1,532,000 3 grants
General Support
$896,550 12 grants
Health & Medicine
$1,974 1 grant
Unspecified
$230,000 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $3.2M $2.9M $3.6M
2023 $4.8M $5.1M $4.0M
2022 $6.1M $6.4M $4.1M
2020 $5.4M $5.4M $4.6M
2019 $4.9M $4.9M $5.0M

Between 2019 and 2024, reported annual revenue declined from $4.9M to $3.2M (-35%), with total assets most recently reported at $3.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE FURNITURE BANK

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