The Houston Mesivta

Analysis

The Houston Mesivta is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, The Houston Mesivta reported income of $575k and spending of $567k, spending 99% of its income. Across the 3 years on record, from June 2020 to June 2022, income grew from $212k to $575k (+171%), an average of +65% a year. The sharpest change came in the year to June 2021, when income rose by 114%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Houston Mesivta sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include First Academy Inc ($575k), Missouri Colleges Fund Inc ($575k) and Southwestern Community College Foundation Inc ($575k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 42% and program service revenue 32% of the total. Other salaries and wages came to $187k. At year end it held assets of $18k against liabilities of $9,873, net assets of $7,724.