Houston Area Contractors Safety Council

Analysis

Houston Area Contractors Safety Council is a registered charity in United States, based in Pasadena, TX. It received its IRS tax-exemption ruling in September 1990, 36 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 December 2023, Houston Area Contractors Safety Council reported income of $36.7m and spending of $30.7m, spending 84% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $29.1m to $36.7m (+26%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Houston Area Contractors Safety Council sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Erikson Institute ($36.7m), Euphemia L Haynes Public Charter School Inc ($36.7m) and Yosemite Valley Charter School ($36.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $3.2m (10% of expenses). Other salaries and wages came to $8.4m. At year end it held assets of $112.9m against liabilities of $11.8m, net assets of $101.0m.