Austin Area Urban League Inc

Analysis

Austin Area Urban League Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in December 1976, 50 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, Austin Area Urban League Inc reported income of $7.7m and spending of $9.9m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $7.7m (+232%), an average of +35% a year. The sharpest change came in the year to December 2020, when income rose by 153%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Austin Area Urban League Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Young Mens Christian Association of Keystone Crossroads ($7.7m), Seasons Hospice Inc ($7.7m) and Southwestern Indiana Regional Council on Aging Inc ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $226k (2.3% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $8.0m against liabilities of $1.8m, net assets of $6.2m. It reported 146 employees.