Biohouston Inc

Analysis

Biohouston Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 December 2023, Biohouston Inc reported income of $595k and spending of $497k, spending 84% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $532k to $595k (+12%), an average of +2.3% a year. The sharpest change came in the year to December 2022, when income rose by 100%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Biohouston Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Morris Hospital Foundation ($595k), More Smiles Wisconsin Inc ($595k) and Healing Place ($595k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $200k (40% of expenses). Other salaries and wages came to $81k. At year end it held assets of $667k against liabilities of $67k, net assets of $600k. It reported 3 employees.