Haberman Educational Foundation Inc

Analysis

Haberman Educational Foundation Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 1994, 32 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 2022, Haberman Educational Foundation Inc reported income of $102k and spending of $92k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $170k to $102k (-40%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 121% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Haberman Educational Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Friends of the Germantown Communitylibrary Inc ($102k), Roofers Union Local No 182 Apprenticeship Trust ($102k) and Westby Norse Scholarship Fund ($102k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $43k. At year end it held assets of $65k against liabilities of $0, net assets of $65k. It reported 2 employees.