Texas City Historical Preservationcorporation

Analysis

Texas City Historical Preservationcorporation is a registered charity in United States, based in Texas City, TX. It received its IRS tax-exemption ruling in September 2007, 19 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 September 2023, Texas City Historical Preservationcorporation reported income of $154k and spending of $129k, spending 84% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $150k to $154k (+2.2%), an average of +2.2% a year. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Texas City Historical Preservationcorporation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include West Nebraska Arts Center 106 E 18th St ($154k), Music Teachers Association of California Foundation ($154k) and Left of Center Art Gallery ($154k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 85% and program service revenue 9.8% of the total. At year end it held assets of $318k against liabilities of $5,975, net assets of $312k.