Houston Aortic Foundation

Analysis

Houston Aortic Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Houston Aortic Foundation reported income of $491k and spending of $434k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $488k to $491k (+0.5%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Houston Aortic Foundation sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Nicks Place ($490k), Americans for Safe Access Foundation ($491k) and Massage Therapy Foundation Inc ($490k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $421k against liabilities of $0, net assets of $421k.