West Austin Youth Association

Analysis

West Austin Youth Association is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in July 1985, 41 years ago. 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 July 2023, West Austin Youth Association reported income of $3.7m and spending of $2.8m, leaving 23% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.1m to $3.7m (+73%), an average of +15% a year. The sharpest change came in the year to July 2021, when income rose by 31%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Austin Youth Association sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Putnam County Housing Corporation ($3.7m), Align Life Ministries ($3.7m) and Mid Nebraska Lutheran Home Assn ($3.7m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 26% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $120k (4.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $4.0m against liabilities of $511k, net assets of $3.5m. It reported 53 employees.