Austin Learning Academy

Analysis

Austin Learning Academy is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 1995, 31 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 August 2023, Austin Learning Academy reported income of $558k and spending of $464k, spending 83% of its income. Across the 4 years on record, from August 2019 to August 2023, income grew from $403k to $558k (+38%), an average of +11% a year. The sharpest change came in the year to August 2023, when income rose by 33%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Austin Learning Academy sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Super Kids Place Inc ($557k), YWCA of Bradford Endowment Fund ($558k) and Shaken Baby Alliance ($557k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $112k (24% of expenses). Other salaries and wages came to $280k. At year end it held assets of $305k against liabilities of $125k, net assets of $181k. It reported 14 employees.