Austin Jewish Academy

Analysis

Austin Jewish Academy is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 1991, 35 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 July 2023, Austin Jewish Academy reported income of $3.1m and spending of $2.7m, spending 87% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.9m to $3.1m (+60%), an average of +12% a year. The sharpest change came in the year to July 2023, when income rose by 47%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Austin Jewish Academy sits at the 89th 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 Girl Scouts of New Mexico Trails Inc ($3.1m), Switzer Learning Center ($3.1m) and Lagrange Park Center Inc ($3.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 45% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $81k (3.0% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.1m against liabilities of $568k, net assets of $557k. It reported 53 employees.