Ann Richards School Foundation

Analysis

Ann Richards School Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Ann Richards School Foundation reported income of $1.2m and spending of $1.1m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.3m to $1.2m (-11%), an average of -2.9% a year. The sharpest change came in the year to August 2020, when income dropped by 33%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ann Richards School Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include LA Escuelita Arcoiris ($1.2m), Valley Beit Midrash ($1.2m) and Keystone Adventure School and Farm Inc ($1.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 65% of the total. Compensation of current officers, directors and key employees was $135k (12% of expenses). Other salaries and wages came to $141k. At year end it held assets of $9.0m against liabilities of $48k, net assets of $8.9m. It reported 5 employees.