East Lubbock Art House

Analysis

East Lubbock Art House is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in June 2020, 6 years ago. 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 February 2024, East Lubbock Art House reported income of $150k and spending of $135k, spending 90% of its income. Across the 3 years on record, from February 2022 to February 2024, income grew from $106k to $150k (+42%), an average of +19% a year. The sharpest change came in the year to February 2023, when income rose by 28%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Lubbock Art House sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Making Jesus Known Evangelistic Ministries ($150k), Drug Addict Prevention Society ($150k) and PTA California Congress of Parents Teachers & Students Inc ($150k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 90% and program service revenue 4.7% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.