Shalom Austin

Analysis

Shalom Austin is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 1958, 68 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Shalom Austin reported income of $20.2m and spending of $19.0m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.1m to $20.2m (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shalom Austin sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Community Foundation of Northern Colorado ($20.2m), Lancaster County Community Foundation ($20.2m) and North Dakota Community Foundation ($20.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 65% of the total. Other salaries and wages came to $9.9m. At year end it held assets of $11.2m against liabilities of $3.2m, net assets of $8.1m. It reported 605 employees.