Avondale House

Analysis

Avondale House is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 1976, 50 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Avondale House reported income of $5.2m and spending of $6.3m, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.8m to $5.2m (-9.7%), an average of -2.5% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Avondale House sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Jicuf Endowmentinc ($5.2m), College Preparatory School of America ($5.2m) and Partnership Schools of the Central Coast ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $263k (4.2% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $11.0m against liabilities of $2.6m, net assets of $8.4m. It reported 186 employees.