Austin Christian Educational Foundation

Analysis

Austin Christian Educational Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in March 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Austin Christian Educational Foundation reported income of $5.9m and spending of $5.8m, spending 98% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $5.6m to $5.9m (+6.1%), an average of +1.5% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Austin Christian Educational Foundation 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 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Fernleaf Community Charter School ($5.9m), Yeshiva Nesivos Hatorah Inc ($5.9m) and Little Keswick Education Corporation ($5.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 9.2% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $132k (2.3% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $8.0m against liabilities of $225k, net assets of $7.8m. It reported 102 employees.