Augustheart

Analysis

Augustheart is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Augustheart reported income of $532k and spending of $409k, leaving 23% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $311k to $532k (+71%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 78%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Augustheart sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Cross Cultural Community Services ($532k), Char Hope Foundation Inc ($532k) and International Society for Laboratory Hematology ($532k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $99k (24% of expenses). Other salaries and wages came to $55k. At year end it held assets of $647k against liabilities of $45k, net assets of $602k. It reported 3 employees.