The University of Texas Texas a M Investment Management Company

Analysis

The University of Texas Texas a M Investment Management Company is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, The University of Texas Texas a M Investment Management Company reported income of $70.1m and spending of $69.0m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $44.4m to $70.1m (+58%), an average of +12% a year. The sharpest change came in the year to August 2023, when income rose by 15%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The University of Texas Texas a M Investment Management Company sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Vaughn Next Century Learning Center ($69.8m), Ana G Mendez University Inc ($70.1m) and Goal Scholarship Program Inc ($69.7m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $22.3m (32% of expenses). Other salaries and wages came to $26.0m. At year end it held assets of $70.1m against liabilities of $42.0m, net assets of $28.1m. It reported 158 employees.