Houston Advanced Research Center
Spring, Texas
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,858,545↑24% | $7,088,820↑12% | $6,979,342↓5% | — |
| 2022 | $5,532,701↑7% | $6,337,307↓46% | $7,372,966↑617% | — |
| 2021 | $5,176,623↓37% | $11,755,632↑156% | $1,028,112↓87% | — |
| 2020 | $8,266,698↑112% | $4,598,099↑5% | $7,863,283↑2% | — |
| 2019 | $3,901,927↓19% | $4,397,999 | $7,730,628↓8% | — |
| 2018 | $4,805,079↓5% | $4,398,012↓11% | $8,404,008 | — |
| 2017 | $5,055,799 | $4,960,199↓16% | $8,373,187↑10% | — |
| 2016 | $5,056,392↓30% | $5,873,704↓20% | $7,601,866↑19% | — |
| 2015 | $7,201,058↓33% | $7,330,176↓7% | $6,372,104↓16% | — |
| 2014 | $10,747,329↑11% | $7,863,271↓14% | $7,618,817↑41% | — |
| 2013 | $9,665,313↑11% | $9,096,505↑2% | $5,411,256↑27% | — |
| 2012 | $8,709,205↓1% | $8,944,383↓8% | $4,277,402↑16% | — |
| 2011 | $8,818,759 | $9,731,028 | $3,687,527 | — |
Frequently Asked Questions
What does Houston Advanced Research Center do?▼
Houston Advanced Research Center is a science & technology nonprofit organization based in Texas. It is classified under NTEE code U40 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Houston Advanced Research Center financially healthy?▼
Based on our 9-metric Financial Health Score model, Houston Advanced Research Center has a score of 67/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Houston Advanced Research Center generate?▼
Houston Advanced Research Center reports $7.8M in annual revenue and holds $6.8M in total assets, based on IRS filings.
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