The University of Houston Alumni Association Foundation

Analysis

The University of Houston Alumni Association Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 1942, 84 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, The University of Houston Alumni Association Foundation reported income of $1.8m and spending of $1.1m, leaving 41% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.2m to $1.8m (+48%), an average of +10% a year. The sharpest change came in the year to August 2021, when income rose by 84%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The University of Houston Alumni Association Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Brownstone Experience Foundation ($1.8m), Mimcs Building Company ($1.8m) and Kids Care Elementary ($1.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 47% and program service revenue 7.7% of the total. At year end it held assets of $12.6m against liabilities of $100k, net assets of $12.5m.