Holocaust Museum Houston Foundation

Analysis

Holocaust Museum Houston Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Holocaust Museum Houston Foundation reported income of $2.1m and spending of $939k, leaving 56% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $2.1m (+108%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 1836%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Holocaust Museum Houston Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Friends of Bermuda Community Foundation ($2.1m), Streams in the Desert Foundation Inc ($2.1m) and United Way of Northern Arizona ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% of the total. Other salaries and wages came to $213k. At year end it held assets of $12.4m against liabilities of $53k, net assets of $12.4m.