Austin Public Education Foundation Inc

Analysis

Austin Public Education Foundation Inc is a registered charity in United States, based in Austin, MN. It received its IRS tax-exemption ruling in February 1991, 35 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 2024, Austin Public Education Foundation Inc reported income of $196k and spending of $166k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $114k to $196k (+71%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 174%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Austin Public Education Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within MN. Charities of a similar size with the same main cause include Rabiej Litigation Law Center ($196k), Pershing Middle School Parents and Teachers Organization ($196k) and Bruin Community Parents ($196k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $15k (8.8% of expenses). At year end it held assets of $2.9m against liabilities of $103k, net assets of $2.8m.