Augustus & James Corporation

Analysis

Augustus & James Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Augustus & James Corporation reported income of $15.0m and spending of $11.4m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.3m to $15.0m (+32%), an average of +7.1% a year. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Augustus & James Corporation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include University of South Carolina Business Partnership Foundation ($15.0m), Tucson Residence Foundation Inc ($15.0m) and Pikes Peak Hospice and Palliative Care Inc ($15.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 91% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $15.2m against liabilities of $94.3m, net assets of -$79.1m.