Harry E Bovay Jr Foundation
Only null% goes to programs Strong reserves Declining revenue
Harry E Bovay Jr Foundation is a 501(c)(3) organization based in Houston, Texas, registered in 1991, with $3,078,697 in FY2024 revenue. CharityIndex grades it C+.
600 Jefferson Suite 300, Houston, TX, 77002 EIN 76-0343221 Since 1991
Revenue (FY2024)
$3.1M
▲ 35.4% vs prior year
Education median: $200K
Expenses (FY2024)
$3.5M
Net assets
$39.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Harry E Bovay Jr Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating138 mo reserves · -13% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Harry E Bovay Jr Foundation: 138 mo reserves · -13% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Harry E Bovay Jr Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Harry E Bovay Jr Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 600 Jefferson Suite 300, Houston, TX, 77002
- City
- Houston
- State
- Texas
- Category
- Education
- Subcategory
- Student Services & Aid
- Website
- …
Financial trends
Revenue grew from $867K (FY2013) to $3.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $100KNet assets $39.9M
Operating margin
-12.6%
Spent more than it raised in the latest fiscal year.
Total assets
$40.0M
Total liabilities
$100K
Net assets
$39.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,078,697▲35.4% | $3,467,860▲27.4% | $39,895,907▼1.0% | $39,995,907▼0.7% | 990PF |
| 2023 | $2,273,870▲33.9% | $2,721,684▼12.7% | $40,285,070▼1.1% | $40,285,070▼1.1% | 990PF |
| 2022 | $1,698,174▼69.9% | $3,117,695▲82.6% | $40,732,884▼3.4% | $40,732,884▼3.4% | 990PF |
| 2021 | $5,650,900▲268% | $1,707,537▼29.6% | $42,152,405▲13.3% | $42,152,405▲13.3% | 990PF |
| 2020 | $1,533,833▼78.1% | $2,426,683▼1.2% | $37,196,792▼2.3% | $37,196,792▼2.3% | 990PF |
| 2019 | $6,989,908▲113% | $2,455,772▲46.5% | $38,089,642▲13.5% | $38,089,642▲13.5% | 990PF |
| 2018 | $3,275,752▼39.9% | $1,676,014▼24.7% | $33,555,506▲5.0% | $33,555,506▲5.0% | 990PF |
| 2017 | $5,454,214▲466% | $2,224,465▲55.8% | $31,955,768▲11.2% | $31,955,768▲11.2% | 990PF |
| 2016 | $963,830▲220% | $1,427,774▼20.9% | $28,730,200▼1.6% | $28,730,200▼1.6% | 990PF |
| 2015 | $300,784▼78.6% | $1,804,719▼14.8% | $29,187,495▼4.9% | $29,187,495▼4.9% | 990PF |
| 2014 | $1,407,370▲62.3% | $2,118,752▲7.4% | $30,691,430▼2.3% | $30,691,430▼2.3% | 990PF |
| 2013 | $867,112 | $1,972,195▲17.5% | $31,402,812▼3.4% | $31,402,812▼3.4% | 990PF |
| 2012 | — | $1,678,732▲196% | $32,516,512▲19.4% | $32,516,512▲19.4% | 990PF |
| 2011 | — | $566,636▲275% | $27,225,384▲406735% | $27,225,384▲406735% | 990PF |
| 2010 | — | $151,069 | $6,692 | $6,692 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Harry E Bovay Jr Foundation a legitimate nonprofit?
- Yes. Harry E Bovay Jr Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 76-0343221, based in Houston, Texas. Donations are tax-deductible.
- What is Harry E Bovay Jr Foundation's EIN?
- Harry E Bovay Jr Foundation's Employer Identification Number (EIN) is 76-0343221.
- How much revenue does Harry E Bovay Jr Foundation report?
- Harry E Bovay Jr Foundation reported $3,078,697 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Harry E Bovay Jr Foundation have?
- CharityIndex grades Harry E Bovay Jr Foundation C+, based on financial health (reserves and operating margin).
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Data for Harry E Bovay Jr Foundation (EIN 76-0343221) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.