Austin Athletics Scholarship Foundation

Analysis

Austin Athletics Scholarship Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Austin Athletics Scholarship Foundation reported income of $167k and spending of $165k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $91k to $167k (+84%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 211%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Austin Athletics Scholarship Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Holyoke Rows Inc ($167k), Grand Blanc Baseball Club ($167k) and Central Gardens of North Iowa Inc ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.