Austin Achieve Public Schools Inc

Analysis

Austin Achieve Public Schools Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 2011, 15 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 June 2023, Austin Achieve Public Schools Inc reported income of $41.1m and spending of $43.2m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.8m to $41.1m (+97%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Austin Achieve Public Schools Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Neighbors in Need of Services Inc ($41.1m), Growing Up Green Charter School II ($41.1m) and Voluntary Interdistrict Choice Corporation ($41.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $237k (0.5% of expenses). Other salaries and wages came to $24.8m. At year end it held assets of $105.2m against liabilities of $96.0m, net assets of $9.2m. It reported 684 employees.