Houston Boma Foundation

Analysis

Houston Boma Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Houston Boma Foundation reported income of $107k and spending of $28k, leaving 74% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $107k (+12%), an average of +12% a year. Over the whole period it spent 32% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Houston Boma Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Delta San Francisco-Peninsula Foundation ($107k), Holliday Band Parents Association Inc ($107k) and Loma Portal Foundation ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $355k against liabilities of $0, net assets of $355k.