Iranian Cultural Foundation-Houston

Analysis

Iranian Cultural Foundation-Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2008, 18 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, Iranian Cultural Foundation-Houston reported income of $109k and spending of $66k, leaving 40% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $253k to $109k (-57%), an average of -34% a year. The sharpest change came in the year to December 2022, when income dropped by 41%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Iranian Cultural Foundation-Houston sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Edmond Fourth of July Festivals ($109k), Fairhope Film Festival Inc ($109k) and Bath High School Preservation ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $361k against liabilities of $0, net assets of $361k.