Houston Early Music

Analysis

Houston Early Music is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 1975, 51 years ago. 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, Houston Early Music reported income of $86k and spending of $93k, spending 108% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $63k to $86k (+37%), an average of +37% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 149% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Houston Early Music sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Gratitude Club Inc ($86k), Fatima Celebration Committee ($86k) and West Omaha Baseball Foundation ($86k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $4,644 against liabilities of $66k, net assets of -$61k.