Houston High School Athletics and Arts Foundation Inc

Analysis

Houston High School Athletics and Arts Foundation Inc is a registered charity in United States, based in Collierville, TN. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Houston High School Athletics and Arts Foundation Inc reported income of $80k and spending of $94k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $743k to $80k (-89%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 84%. Over the whole period it spent 121% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Houston High School Athletics and Arts Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within TN. Charities of a similar size with the same main cause include Hearts for Emma a New Jersey Nonprofit Corporation ($80k), Shoal Creek Elementary School Educational Foundation ($80k) and Community Centre Bnos Yeshurin Inc ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.4m against liabilities of $2.4m, net assets of -$945k.