Financial Research Association

Analysis

Financial Research Association is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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, Financial Research Association reported income of $125k and spending of $92k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $125k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Financial Research Association sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Eastern Oregon Regional Theater Inc ($125k), Scientific Investigation & Instruction Institute ($125k) and Seymour Area Arts Council ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 80% of the total. At year end it held assets of $238k against liabilities of $8,295, net assets of $230k.