The Texas Society for Hand Therapy Inc

Analysis

The Texas Society for Hand Therapy Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 2012, 14 years ago. 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 December 2023, The Texas Society for Hand Therapy Inc reported income of $64k and spending of $47k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $64k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Texas Society for Hand Therapy Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include United States Coast Guard Academy Parents Association ($64k), Bay Area Senior Activity Center Inc ($64k) and Garrisons Landing Association Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 63% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.