Eternal Gandhi Museum Houston Inc
Eternal Gandhi Museum Houston Inc rapidly grows assets with minimal executive compensation, accumulating significant revenue over expenses.
EIN: 20643033 · Houston, TX · NTEE: B70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $449K |
| Program Spending | 70% |
| Net Assets | $7.9M |
| Transparency Score | 85/100 |
Is Eternal Gandhi Museum Houston Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eternal Gandhi Museum Houston Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Eternal Gandhi Museum Houston Inc
Eternal Gandhi Museum Houston Inc (EIN: 20643033) is a nonprofit organization based in Houston, TX, classified under NTEE code B70. The organization reported total revenue of $1.5M and total assets of $10.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eternal Gandhi Museum Houston Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eternal Gandhi Museum Houston Inc is a mid-size nonprofit that has been operating for 24 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 32.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.7M |
| Total Expenses | $449K |
| Surplus / Deficit | +$4.2M |
| Total Assets | $11.1M |
| Total Liabilities | $3.3M |
| Net Assets | $7.9M |
| Operating Margin | 90.4% |
| Debt-to-Asset Ratio | 29.3% |
| Months of Reserves | 298.0 months |
Financial Health Grade: A
In 2023, Eternal Gandhi Museum Houston Inc reported a surplus of $4.2M with revenue exceeding expenses, holds 298.0 months of operating reserves (strong position), has a debt-to-asset ratio of 29.3% (moderate leverage).
Financial Trends
Over 8 years of filings (2016–2023), Eternal Gandhi Museum Houston Inc's revenue has grown at a compound annual growth rate (CAGR) of 32.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +245.9% | +138.6% | +36.5% |
| 2022 | +50.7% | +162.7% | +116.3% |
| 2021 | +5.9% | -19.2% | +79.3% |
| 2020 | +146.3% | -72.7% | +9.8% |
| 2019 | +198.7% | +194.3% | +24.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Eternal Gandhi Museum Houston Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Eternal Gandhi Museum Houston Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size and asset base.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Eternal Gandhi Museum Houston Inc's IRS 990 filings:
- Significant disparity between revenue and expenses, suggesting large accumulation of funds rather than immediate program spending.
- Lack of detailed expense breakdown in provided data makes it difficult to fully assess program efficiency.
Strengths
The following positive indicators were identified for Eternal Gandhi Museum Houston Inc:
- Consistent 0% officer compensation, indicating strong volunteer leadership and efficient use of funds.
- Substantial asset growth from $1.1M in 2016 to $11.1M in 2023, demonstrating strong financial health and fundraising capabilities.
- Significant revenue growth, particularly in 2023 ($4.69M), indicating strong donor support.
- Positive net assets (Assets minus Liabilities) consistently maintained, showing financial stability.
Frequently Asked Questions about Eternal Gandhi Museum Houston Inc
Is Eternal Gandhi Museum Houston Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Eternal Gandhi Museum Houston Inc (EIN: 20643033) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Eternal Gandhi Museum Houston Inc spend its money?
Eternal Gandhi Museum Houston Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eternal Gandhi Museum Houston Inc tax-deductible?
Eternal Gandhi Museum Houston Inc is registered as a tax-exempt nonprofit (EIN: 20643033). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Eternal Gandhi Museum Houston Inc's spending goes to programs?
Eternal Gandhi Museum Houston Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Eternal Gandhi Museum Houston Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Eternal Gandhi Museum Houston Inc is above average for NTEE category B70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Eternal Gandhi Museum Houston Inc located?
Eternal Gandhi Museum Houston Inc is headquartered in Houston, Texas and files with the IRS under EIN 20643033. It is classified under NTEE code B70.
How many years of IRS 990 filings does Eternal Gandhi Museum Houston Inc have?
Eternal Gandhi Museum Houston Inc has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.5M in total revenue.
Is Eternal Gandhi Museum Houston Inc effectively utilizing its revenue for its stated mission?
While the organization has seen substantial revenue growth and asset accumulation, its annual expenses are significantly lower than its revenue, particularly in recent years (e.g., $4.69M revenue vs. $0.45M expenses in 2023). This suggests a focus on building long-term assets rather than immediate program spending, which could be for capital projects like museum construction or expansion. A detailed breakdown of expenses would clarify how much is directly for programs.
What is the reason for the significant increase in liabilities in 2023?
Liabilities increased from $4,528,837 in 2022 to $3,269,258 in 2023. This could be due to financing for capital projects, such as construction or expansion of the museum, or other strategic investments. Further details from the full IRS 990 filing would be needed to identify the specific nature of these liabilities.
How does the organization sustain its operations with 0% officer compensation?
The consistent reporting of 0% officer compensation indicates that the organization relies on volunteer leadership. This is a significant strength, allowing more funds to be directed towards its mission or asset building. It implies a dedicated board and executive team committed to the cause without drawing salaries.
Filing History
IRS 990 filing history for Eternal Gandhi Museum Houston Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Eternal Gandhi Museum Houston Inc's revenue has grown by 627.8%, moving from $645K to $4.7M. Total assets increased by 908.8% over the same period, from $1.1M to $11.1M. Total functional expenses rose by 1355.6%, from $31K to $449K. In its most recent filing year (2023), Eternal Gandhi Museum Houston Inc reported a surplus of $4.2M, with revenue exceeding expenses. The organization holds $3.3M in liabilities against $11.1M in assets (debt-to-asset ratio: 29.3%), resulting in net assets of $7.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.7M | $449K | $11.1M | $3.3M | — | View 990 |
| 2022 | $1.4M | $188K | $8.2M | $4.5M | — | View 990 |
| 2021 | $900K | $72K | $3.8M | $1.3M | — | View 990 |
| 2020 | $850K | $89K | $2.1M | $465K | — | — |
| 2019 | $345K | $325K | $1.9M | $1.0M | — | View 990 |
| 2018 | $115K | $110K | $1.5M | $680K | — | View 990 |
| 2017 | $328K | $77K | $1.6M | $699K | — | — |
| 2016 | $645K | $31K | $1.1M | $487K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.7M, expenses of $449K, and assets of $11.1M (revenue +245.9% year-over-year).
- 2022: Revenue of $1.4M, expenses of $188K, and assets of $8.2M (revenue +50.7% year-over-year).
- 2021: Revenue of $900K, expenses of $72K, and assets of $3.8M (revenue +5.9% year-over-year).
- 2020: Revenue of $850K, expenses of $89K, and assets of $2.1M (revenue +146.3% year-over-year).
- 2019: Revenue of $345K, expenses of $325K, and assets of $1.9M (revenue +198.7% year-over-year).
- 2018: Revenue of $115K, expenses of $110K, and assets of $1.5M (revenue -64.8% year-over-year).
- 2017: Revenue of $328K, expenses of $77K, and assets of $1.6M (revenue -49.1% year-over-year).
- 2016: Revenue of $645K, expenses of $31K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eternal Gandhi Museum Houston Inc:
Data Sources and Methodology
This transparency report for Eternal Gandhi Museum Houston Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.