Houston Taiwan Institute for Senior Citizens

Analysis

Houston Taiwan Institute for Senior Citizens is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Houston Taiwan Institute for Senior Citizens reported income of $155k and spending of $141k, spending 91% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $218k to $155k (-29%), an average of -16% a year. The sharpest change came in the year to June 2024, when income dropped by 44%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Houston Taiwan Institute for Senior Citizens sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include International Indian Statistical Association ($155k), Five Oaks Academy PTO Inc ($155k) and Kern County Hispanic Chamber of Commerce Business Education Founda ($155k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $26k (19% of expenses). At year end it held assets of $739k against liabilities of $361k, net assets of $378k. It reported 1 employees.