Austin Community College Foundation

Analysis

Austin Community College Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Austin Community College Foundation reported income of $3.1m and spending of $1.6m, leaving 47% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $2.7m to $3.1m (+17%), an average of +4.0% a year. The sharpest change came in the year to May 2021, when income rose by 46%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Austin Community College Foundation sits at the 86th percentile: it is larger than about 86% 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 Building 21 ($3.1m), Texas Foundation for Educational Advancement Incorporated ($3.1m) and Southwest Leadership Academy ($3.1m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 86% of the total. At year end it held assets of $19.7m against liabilities of $0, net assets of $19.7m.