American Sewing Guild Inc

Analysis

American Sewing Guild Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 1986, 40 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Sewing Guild Inc reported income of $1.0m and spending of $1.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.0m (-4.7%), an average of -1.2% a year. The sharpest change came in the year to December 2020, when income dropped by 51%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Sewing Guild Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Tiffin Theatre Inc ($1.0m), Hancock County Trustees of Public Reservations ($1.0m) and Symphony Tacoma ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 4 employees.