Taiwanese Heritage Society of Houston

Analysis

Taiwanese Heritage Society of Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 1991, 35 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 2022, Taiwanese Heritage Society of Houston reported income of $141k and spending of $150k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $221k to $141k (-36%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. 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, Taiwanese Heritage Society of Houston sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Great Lakes Performing Artist Associates ($141k), Artistic Movement Organization ($141k) and Marquette Maritime Museum ($141k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 73% and program service revenue 23% of the total. Other salaries and wages came to $35k. At year end it held assets of $1.2m against liabilities of $31k, net assets of $1.2m. It reported 2 employees.