Greater Austin San Antonio Corridor Council Inc

Analysis

Greater Austin San Antonio Corridor Council Inc is a registered charity in United States, based in San Marcos, TX. It received its IRS tax-exemption ruling in July 1985, 41 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Greater Austin San Antonio Corridor Council Inc reported income of $289k and spending of $228k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $199k to $289k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Austin San Antonio Corridor Council Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Stark County Manufacturing Workforce Development Partnership ($289k), Accessibility Professionals Association ($289k) and Valdese Economic Development Investment Corporation ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $126k (55% of expenses). Other salaries and wages came to $31k. At year end it held assets of $160k against liabilities of $79k, net assets of $81k. It reported 2 employees.