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Houston Academy of Medicine

Houston, TX · EIN 74-1277657 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Houston Academy of Medicine reported $11.4 million in revenue and $9.7 million in expenses for calendar year 2024. Of every $100 it spent, $86.79 went to program services, $13.09 to management and general costs and $0.12 to fundraising. Its largest source of revenue was contributions and grants: 73.9% of the total. The highest compensation it reported for one person was $369,250 (Executive VP/CEO). 4 people received more than $100,000 in reportable compensation. Revenue rose 27% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $9.7M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $11M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,499 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
86.8%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
13.1%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.1%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
73.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.3%69.9%
Highest reported compensation
Part VII-A, columns D–F
$369,250$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.81%1.28%
People paid over $100,000
Part VII, line 2
48
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
73.113.3
Independent voting board members
Part VI 1a–1b
25 of 25100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$7.5M expenses · 88.9% of program spending · revenue $33,776

The Texas Medical Center Library (TMC Library) provides books, periodicals, librarian services, rare books, automated information services, and photocopying. The TMC Library was open 89 hours per week during 2024. It served 107,338 visitors

$933K expenses · 11.1% of program spending · grants $187K

Community health and medical projects: The Academy supports the Greater Houston community by making contributions to the John P. McGovern Museum of Health and Medical Science and providing education on a variety of health-related topics including trauma safety and bike helmets. The Academy also provides support to EMS units

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Executive VP/CEO
Officer, 20.00 hrs/week
$167,798$167,798$33,654$369,250
VP Public Affairs
Highest compensated employee, 14.00 hrs/week
$58,964$109,672$32,077$200,713
TMC Library ED
Officer, 40.00 hrs/week
$164,604$0$28,026$192,630
VP Practice Management
Highest compensated employee, 6.00 hrs/week
$23,858$135,193$23,060$182,111
VP Member Services
Highest compensated employee, 4.00 hrs/week
$13,567$137,177$30,098$180,842
TMC Library CFO
Officer, 40.00 hrs/week
$126,623$0$24,869$151,492
Controller
Officer, 12.00 hrs/week
$35,040$81,760$20,525$137,325
Head of Research & Instruction
Highest compensated employee, 40.00 hrs/week
$109,235$0$22,569$131,804

4 people received more than $100,000 in reportable compensation from Houston Academy of Medicine (Part VII, line 2). Compensation of current officers, directors and key employees totaled $570K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$11M$9.7M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$11M$9.7M86.8%$59M$369,250
2023 ⓘ$9.7M$9.3M87.0%$54M$360,202
2022 ⓘ$9.8M$9.2M86.9%$47M$349,374
2021 ⓘ$9.7M$9.2M87.8%$55M$403,552
2020 ⓘ$9.6M$9.5M88.2%$49M$388,607
2019 ⓘ$9.0M$9.0M87.8%$46M$410,086

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b25 · 25 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 538
  • Volunteers Part I, line 6300

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
Houck Services LLC
Building maintenance
$182,349

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Houston Academy of Medicine totaling $60 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Houston Academy of Medicine's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Houston Academy of Medicine, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Texas

Questions people ask

How much of Houston Academy of Medicine's spending goes to programs?

In calendar year 2024, Houston Academy of Medicine reported that 86.8% of its $9.7 million in expenses went to program services, 13.1% to management and general and 0.1% to fundraising (Form 990, Part IX).

How much does Houston Academy of Medicine pay its top executive?

The largest total compensation Houston Academy of Medicine reported for one person in calendar year 2024 was $369,250, for the role of Executive VP/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Houston Academy of Medicine get its money?

Of $11.4 million in revenue in calendar year 2024, 73.9% came from contributions and grants and 0.3% from program service revenue (Form 990, Part VIII).

Is Houston Academy of Medicine a registered charity?

The IRS lists EIN 74-1277657 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202533169349309718 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433189349307578 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303129349304825 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202222859349301422 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103019349302410 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202013159349304671 · read the filing

All filings for EIN 74-1277657: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.