Harvard Business School Club of Houston

Analysis

Harvard Business School Club of Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, Harvard Business School Club of Houston reported income of $156k and spending of $148k, spending 95% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $136k to $156k (+15%), an average of +15% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Harvard Business School Club of Houston sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Water for Cambodia a Middletown Rotary Charitable Trust ($156k), Manasquan Public Library ($156k) and William M Meredith Home and School Association ($156k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 40% and program service revenue 21% of the total. At year end it held assets of $233k against liabilities of $0, net assets of $233k.