Houston Cougars Foundation Inc

Analysis

Houston Cougars Foundation Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 August 2023, Houston Cougars Foundation Inc reported income of $269k and spending of $204k, leaving 24% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.9m to $269k (-86%), an average of -39% a year. The sharpest change came in the year to August 2021, when income rose by 132%. Over the whole period it spent 167% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Houston Cougars Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Owatonna Gymnastic Club Inc ($269k), West Blount County Park Board ($269k) and West Park Jr Panthers ($268k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $3.6m against liabilities of $215, net assets of $3.6m.