Houston Arts Combined Endowment Foundation

Analysis

Houston Arts Combined Endowment Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Houston Arts Combined Endowment Foundation reported income of $604k and spending of $525k, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $698k to $604k (-13%), an average of -3.6% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Houston Arts Combined Endowment Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Carteret Community Theatre Inc ($603k), Blues City Thrift Stores ($604k) and Chippewa Youth Hockey Association Inc ($603k).

At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.