Fort Bend History Association

Analysis

Fort Bend History Association is a registered charity in United States, based in Richmond, TX. It received its IRS tax-exemption ruling in July 1968, 58 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Fort Bend History Association reported income of $2.0m and spending of $2.4m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $2.0m (-28%), an average of -7.7% a year. The sharpest change came in the year to December 2021, when income dropped by 36%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fort Bend History Association sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Historic Harrisville Inc ($2.0m), Printed Matter Inc ($2.0m) and National Academy of Sciences Retire Welfare Benefit Plan TR ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 19% of the total. Other salaries and wages came to $985k. At year end it held assets of $2.1m against liabilities of $43k, net assets of $2.0m. It reported 50 employees.