Biohouston Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Raising each dollar of donations cost 87 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
BIOHOUSTON INC IS A TEXAS NON-PROFIT CORPORATION WITH THE MISSION OF STIMULATING TECHNOLOGY TRANSFER AND THE COMMERCIALIZATION OF RESEARCH, WHILE BUILDING A CRITICAL MASS OF LIFE SCIENCE COMPANIES. TO ACCOMPLISH THIS GOAL, BIOHOUSTON ESTABLISHED CERTAIN PROGRAMS FOR LIFE SCIENCE COMPANIES. BIOHOUSTON IS SUPPORTED PRIMARILY THROUGH CONTRIBUTIONS FROM ITS MEMBERS, ASSOCIATES, THE PHILANTHROPIC COMMUNITY, AND REVENUE FROM CONFERENCES AND OTHER EVENTS HELD BY THE ORGANIZATION.
- Income
- $357,470
- Spending
- $413,958
- Spent on programs
- 66%
- Reserves
- 15.7 months of spending
- Largest source of income
- fees for its services, 81%
- Employees
- 1
- Volunteers
- 50
- Highest pay
- $224,653, chief executive officer
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 55 out of 100. Higher than 13% of charities in its peer group (medical research, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 15.7 months of spending.
Debt
20 of 20It owes 13% of what it owns.
Living within its means
0 of 15Spending exceeded income by 16% of income.
Income trend
0 of 15Income fell 40% on the year before.
Spending floor
0 of 1566% of spending went to programs and raising each dollar of donations cost 87 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 94% of charities in its peer group (medical research, $250k to $1m).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $93,843 spent. SUPPORT THE REGIONAL LIFE SCIENCE INDUSTRY THROUGH EDUCATIONAL CONFERENCES AND NETWORKING MEETINGS; BIOHOUSTON HOSTS TWO MAJOR ANNUAL CONFERENCES ATTRACTING HUNDREDS, BREAKFAST FORUMS, TECHNOLOGY TRANSFER MEETINGS, AND OTHER MEETINGS TO FOSTER ENTREPRENEURSHIP, EDUCATION, AND NETWORKING.
- $90,102 spent. FOSTERING ENTREPRENEURSHIP IN THE LIFE SCIENCE INDUSTRY IN THE REGION.
- $50,367 spent. LEVERAGING THE SKILLS OF EXPERTS THROUGHOUT THE WORLD TO SUPPORT THE DEVELOPMENT OF PRODUCTS AND THERAPIES IN TEXAS.
- $40,006 spent. OTHER PROGRAM SERVICES
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2002.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.