Augustine Institute Inc

Analysis

Augustine Institute Inc is a registered charity in United States, based in Florissant, MO. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Augustine Institute Inc reported income of $32.5m and spending of $27.9m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.0m to $32.5m (+103%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Augustine Institute Inc 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 98th percentile, and in the 97th percentile within MO. Charities of a similar size with the same main cause include Classical Charter Schools of Americ a Inc ($32.5m), National Institute for Excellence in Teaching ($32.6m) and Lycee Francais de San Francisco ($32.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $1.6m (5.5% of expenses). Other salaries and wages came to $12.8m. At year end it held assets of $40.0m against liabilities of $10.5m, net assets of $29.6m. It reported 241 employees.