Charles Houston Cultural Project Inc

Analysis

Charles Houston Cultural Project Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Charles Houston Cultural Project Inc reported income of $236k and spending of $119k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $173k to $236k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 49% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Charles Houston Cultural Project Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Art & Soul Oakland ($236k), Vienna Arts Society Inc ($236k) and Gulf Coast High School Band Aid Club Inc ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.4% of the total. At year end it held assets of $249k against liabilities of $743, net assets of $248k.