Education Based Housing Inc

Analysis

Education Based Housing Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Education Based Housing Inc reported income of $843k and spending of $1.4m, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $581k to $843k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2021, when income rose by 949%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Based Housing Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Parsons-Decatur County Higher Education Foundation ($843k), Gecu Foundation ($844k) and Crosspointe Academy Inc ($843k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $171k (12% of expenses). Other salaries and wages came to $487k. At year end it held assets of $7.9m against liabilities of $1.1m, net assets of $6.8m. It reported 20 employees.