Austin Young Lawyers Association Foundation

Analysis

Austin Young Lawyers Association Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 1990, 36 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Austin Young Lawyers Association Foundation reported income of $81k and spending of $48k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $81k (+6.5%), an average of +6.5% a year. Over the whole period it spent 55% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Austin Young Lawyers Association Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include United Way of Murray Calloway County Inc ($81k), The Eric M Suhl Foundation ($81k) and A B L E Foundation Inc ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $121k against liabilities of $0, net assets of $121k.