Houston Aeronautical Heritage Society Inc

Analysis

Houston Aeronautical Heritage Society Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Houston Aeronautical Heritage Society Inc reported income of $357k and spending of $355k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $288k to $357k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Houston Aeronautical Heritage Society Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include American Computer Museum Ltd ($357k), Global Village Museum of Arts and Cultures ($357k) and Home Made Theater Inc ($357k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $67k (19% of expenses). At year end it held assets of $111k against liabilities of $66k, net assets of $44k. It reported 2 employees.