Alliance for Pathways Into Engineering

Analysis

Alliance for Pathways Into Engineering is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 1976, 50 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Alliance for Pathways Into Engineering reported income of $477k and spending of $636k, spending 133% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $899k to $477k (-47%), an average of -15% a year. The sharpest change came in the year to August 2020, when income dropped by 37%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alliance for Pathways Into Engineering sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Creative Kids Playhouse Childrens Theatre of Orange County ($477k), Ethels Foundation for the Arts Inc ($477k) and Edenton Historical Commission ($477k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 91% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $105k (16% of expenses). It paid $25k in professional fundraising fees. At year end it held assets of $467k against liabilities of $68k, net assets of $399k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.