Houston Gas Processors Association

Analysis

Houston Gas Processors Association is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover science and technology, 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 June 2023, Houston Gas Processors Association reported income of $226k and spending of $132k, leaving 41% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $142k to $226k (+60%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 118%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Houston Gas Processors Association sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include San Francisco Cinematheque ($226k), International Petroleum Museum and Exposition Inc ($226k) and Liberty Regional Medical Center Inc ($226k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $423k against liabilities of $0, net assets of $423k.