Sugar Land Heritage Foundation

Analysis

Sugar Land Heritage Foundation is a registered charity in United States, based in Sugar Land, 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 (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, Sugar Land Heritage Foundation reported income of $113k and spending of $102k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $113k (+91%), an average of +91% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sugar Land Heritage Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Fort Myers Symphonic Chorus Inc ($113k), The Juneau Symphony Foundation ($113k) and Friends of Spare Parts ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $205k against liabilities of $96k, net assets of $109k.