Greater Houston Soaring Association

Analysis

Greater Houston Soaring Association is a registered charity in United States, based in Needville, TX. It received its IRS tax-exemption ruling in June 2022, 4 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, Greater Houston Soaring Association reported income of $154k and spending of $130k, spending 84% of its income. Across the 5 years on record, from December 2017 to December 2023, income grew from $116k to $154k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greater Houston Soaring Association sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Four Valleys Community School Inc ($154k), American Slovenian Education Foundation ($154k) and Columbus Classical Christian ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 46% of the total. At year end it held assets of $422k against liabilities of $101k, net assets of $322k.