Silambam Houston

Analysis

Silambam Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2009, 17 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Silambam Houston reported income of $294k and spending of $289k, spending 98% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $230k to $294k (+28%), an average of +6.3% a year. The sharpest change came in the year to October 2022, when income rose by 25%. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Silambam Houston sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include L a Stage Alliance ($294k), H E Through the Arts Inc ($294k) and Plays and Players ($294k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $50k (17% of expenses). At year end it held assets of $1.0m against liabilities of $433k, net assets of $584k.