Gujarati Samaj of Greater Austin

Analysis

Gujarati Samaj of Greater Austin is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Gujarati Samaj of Greater Austin reported income of $89k and spending of $56k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $11k to $89k (+717%), an average of +69% a year. The sharpest change came in the year to December 2021, when income rose by 815%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gujarati Samaj of Greater Austin sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Vietnamese American Philharmonics ($89k), Friends of the Army Womens Museum Association ($89k) and Mamadele Foundation ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 86% of the total. At year end it held assets of $293k against liabilities of $0, net assets of $293k.