South Texas College of Law Houston Inc
Analysis
South Texas College of Law Houston Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 1967, 59 years ago. Its declared purposes cover education, which this site groups under education and training. 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, South Texas College of Law Houston Inc reported income of $42.7m and spending of $45.0m, spending 105% of what it took in. Across the 5 years on record, from August 2019 to May 2023, income grew from $40.0m to $42.7m (+6.7%), an average of +1.6% a year. The sharpest change came in the year to August 2021, when income rose by 21%. Over the whole period it spent 93% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, South Texas College of Law Houston Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Detroit 90-90 ($42.7m), United States Naval Academy Foundation Inc ($42.7m) and Explore Excel Charter School ($42.7m).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 8.7% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $3.1m (6.8% of expenses). Other salaries and wages came to $16.3m. At year end it held assets of $111.6m against liabilities of $16.0m, net assets of $95.7m. It reported 423 employees.
Income and spending
Where the income comes from
- Contributions & grants 8.7%
- Program services 87%
- Other 3.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Detroit 90-90 | Detroit | $42.7m |
| United States Naval Academy Foundation Inc | Annapolis | $42.7m |
| Explore Excel Charter School | Brooklyn | $42.7m |
| Albertus Magnus College | New Haven | $42.7m |