HOUSTON YOUNG LAWYERS FOUNDATION
Mission Statement
The Houston Young Lawyers Foundation was created in 1992 to support the charitable programs of young lawyers in Harris County. The Foundation's mission is to support and encourage education and programs that promote and aid an improved system for the administration of justice in Harris County, Texas and assist those in need. In 1998, the Foundation Board of Trustees established a Fellowship program in order to both recognize distinguished lawyers and provide an additional source of revenue to fund charitable programs. In addition to the Grant Program, other programs that are the cornerstones of HYLF's commitment to making a difference include: Adopt an Angel; Fellows Program; Fun Run; Golf Tournament; and Law Day. For more information about these programs, click on the tab corresponding to each program.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
52.3% | 94.5% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
47.7% | 4.2% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
82.0 mo | 6.6 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
56.6% | 89.9% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-429.7% | 10.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
47.0% | 14.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-32.8% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $83K | $110K | $752K | 52.3% | 0 |
| 2022 | $-25,126 | $75K | $780K | 74.0% | 0 |
| 2021 | $153K | $119K | N/A | — | 0 |
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