American Sewing Guild Inc

Analysis

American Sewing Guild Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 1986, 40 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Sewing Guild Inc reported income of $870k and spending of $926k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $935k to $870k (-7.0%), an average of -1.8% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Sewing Guild Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Oxnard Performing Arts Center Corporation ($870k), Good News Radio Inc ($870k) and Brevard Symphony Orchestra Inc ($869k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 71% of the total. Other salaries and wages came to $217k. At year end it held assets of $29k against liabilities of $0, net assets of $29k. It reported 4 employees.