Habitable Spaces

Analysis

Habitable Spaces is a registered charity in United States, based in Kingsbury, TX. It received its IRS tax-exemption ruling in December 2014, 12 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, Habitable Spaces reported income of $75k and spending of $79k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $75k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Habitable Spaces sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Pipes & Drums of the Jersey Shore Shillelaghs ($75k), Louisiana Council on Economic Education ($75k) and Tepe Incorporated ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $418 against liabilities of $0, net assets of $418.