Education and Charities Foundation of Houston

Analysis

Education and Charities Foundation of Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 1993, 33 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, Education and Charities Foundation of Houston reported income of $73k and spending of $62k, spending 85% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $225k to $73k (-68%), an average of -43% a year. The sharpest change came in the year to December 2022, when income dropped by 77%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education and Charities Foundation of Houston sits at the 31st percentile: it is larger than about 31% 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 Parent Booster USA Inc ($73k), Indian Creek Local School Districts Foundation Inc ($73k) and Liberty Parent Club ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $155k against liabilities of $19k, net assets of $136k.