Round Rock Area Serving Center Incorporated

Analysis

Round Rock Area Serving Center Incorporated is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in November 1988, 38 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, Round Rock Area Serving Center Incorporated reported income of $3.0m and spending of $1.9m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $3.0m (+82%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 145%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Round Rock Area Serving Center Incorporated sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Community at Brookmeade Inc ($3.0m), Battered Womens Shelter Inc ($3.0m) and North Country Education Services Agency ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $107k (5.6% of expenses). Other salaries and wages came to $302k. At year end it held assets of $5.9m against liabilities of $31k, net assets of $5.8m. It reported 10 employees.