Fei Houston Scholarship Foundation

Analysis

Fei Houston Scholarship Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Fei Houston Scholarship Foundation reported income of $199k and spending of $111k, leaving 44% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $121k to $199k (+65%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 173%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fei Houston Scholarship Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Local 147 Training Fund ($199k), Learning Endeavors ($199k) and Russell Cooperative Preschool Incorporated ($199k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $879k against liabilities of $2,362, net assets of $877k.