Houseccon

Analysis

Houseccon is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Houseccon reported income of $474k and spending of $465k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $311k to $474k (+52%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Houseccon sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Salem Community College Foundation ($474k), Permian Pipeliners Education Foundation ($474k) and Cedar Park High School Band Boosters ($473k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $53k (11% of expenses). At year end it held assets of $304k against liabilities of $246k, net assets of $58k. It reported 1 employees.