Ivy Educational and Charitable Foundation of Houston Inc

Analysis

Ivy Educational and Charitable Foundation of Houston Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 1982, 44 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, Ivy Educational and Charitable Foundation of Houston Inc reported income of $115k and spending of $109k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $150k to $115k (-24%), an average of -13% a year. The sharpest change came in the year to December 2022, when income rose by 247%. Over the whole period it spent 31% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ivy Educational and Charitable Foundation of Houston Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Hospice Friends ($115k), Independence Cooperative Nursery ($115k) and Fulton County Historical Society ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $604k against liabilities of $95k, net assets of $509k.