Austin Interfaith Sponsoring Committee Incorporated

Analysis

Austin Interfaith Sponsoring Committee Incorporated is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 1987, 39 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 Interfaith Sponsoring Committee Incorporated reported income of $1.2m and spending of $894k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $570k to $1.2m (+116%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Austin Interfaith Sponsoring Committee Incorporated sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Support Life Foundation ($1.2m), Blue Ridge Women in Agriculture ($1.2m) and Third Chair ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $129k (14% of expenses). Other salaries and wages came to $442k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 9 employees.