Lake Travis Youth Association

Analysis

Lake Travis Youth Association is a registered charity in United States, based in Lakeway, TX. It received its IRS tax-exemption ruling in October 1978, 48 years ago. 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, Lake Travis Youth Association reported income of $4.1m and spending of $4.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $4.1m (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Travis Youth Association sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include L a Works Inc ($4.1m), Family Advocates Inc ($4.1m) and Isaiah House ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $134k (3.4% of expenses). Other salaries and wages came to $464k. At year end it held assets of $4.2m against liabilities of $1.4m, net assets of $2.7m. It reported 8 employees.