Houston Christian University

Analysis

Houston Christian University is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 1940, 86 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Houston Christian University reported income of $153.8m and spending of $148.6m, spending 97% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $125.7m to $153.8m (+22%), an average of +5.2% a year. The sharpest change came in the year to May 2021, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Houston Christian University sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Acension St Vincent South Side ($153.8m), Gibson Area Hospital ($154.4m) and The Greater Boston Food Bank Inc ($153.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 20% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $1.8m (1.2% of expenses). Other salaries and wages came to $32.1m. At year end it held assets of $348.1m against liabilities of $108.6m, net assets of $239.5m. It reported 1,248 employees.