Humble Bicentennial Museum Inc

Analysis

Humble Bicentennial Museum Inc is a registered charity in United States, based in Humble, TX. It received its IRS tax-exemption ruling in April 1976, 50 years ago. 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 December 2023, Humble Bicentennial Museum Inc reported income of $71k and spending of $87k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $92k to $71k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Humble Bicentennial Museum Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within TX. Charities of a similar size with the same main cause include Soap Lake Food Bank ($71k), S2c Cycling Team ($71k) and Oelwein Area United Way Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 2.3% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.