Discovery Programs

Analysis

Discovery Programs is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Discovery Programs reported income of $286k and spending of $261k, spending 91% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $182k to $286k (+58%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Discovery Programs sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Inglewood Board of Realtors Inc ($286k), Newton at Home Inc ($286k) and Northshore Families Helping Families Inc ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $128k against liabilities of $38k, net assets of $90k.