Austin Allies

Analysis

Austin Allies is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Austin Allies reported income of $71k and spending of $102k, spending 143% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $71k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 120% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Austin Allies sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within TX. Charities of a similar size with the same main cause include Motiv8u of North Central Florida Inc ($71k), Trustees of Purdue University ($71k) and Spencer-Van Etten Youth Association Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.