Vedanta Institute Houston

Analysis

Vedanta Institute Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2011, 15 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, Vedanta Institute Houston reported income of $94k and spending of $122k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $32k to $94k (+194%), an average of +31% a year. The sharpest change came in the year to December 2020, when income rose by 262%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vedanta Institute Houston sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Midwest Writers Workshop Inc ($94k), Youth Advocates for Change ($94k) and Ancient Order of Hibernians John F Kennedy Division ($94k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Other salaries and wages came to $19k. At year end it held assets of $169k against liabilities of $0, net assets of $169k. It reported 2 employees.