Intergroup Association Inc 115 Studio Building

Analysis

Intergroup Association Inc 115 Studio Building is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 1965, 61 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Intergroup Association Inc 115 Studio Building reported income of $238k and spending of $222k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $226k to $238k (+5.0%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Intergroup Association Inc 115 Studio Building sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Stillwater Life Services Inc ($238k), Little Canada Recreation Association Inc ($238k) and Blue Heron Montessori School ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 0.4% of the total. Other salaries and wages came to $99k. At year end it held assets of $190k against liabilities of $370, net assets of $190k. It reported 5 employees.