Klein Texas Historical Foundation

Analysis

Klein Texas Historical Foundation is a registered charity in United States, based in Klein, TX. It received its IRS tax-exemption ruling in April 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Klein Texas Historical Foundation reported income of $73k and spending of $73k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $73k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 144% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Klein Texas Historical Foundation 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 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Ten8 Project ($73k), World Agape Inc ($73k) and Fourthwave Foundation Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 45% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.