Houston Synchrostars

Analysis

Houston Synchrostars is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 July 2024, Houston Synchrostars reported income of $288k and spending of $261k, spending 91% of its income. Across the 3 years on record, from July 2022 to July 2024, income grew from $255k to $288k (+13%), an average of +6.3% a year. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Houston Synchrostars sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Friends of Weeki Wachee Springs State Park Inc ($288k), Lavaca Exposition Association ($288k) and 1000 Islands Charity Poker Run Corp ($288k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 43% and program service revenue 55% of the total. At year end it held assets of $74k against liabilities of $1,088, net assets of $73k.