Austin Gifted

Analysis

Austin Gifted is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 2000, 26 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 Gifted reported income of $1.8m and spending of $1.6m, spending 88% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $2.2m to $1.8m (-15%), an average of -4.1% a year. The sharpest change came in the year to August 2023, when income rose by 40%. 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, Austin Gifted sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Whole Child Academy ($1.8m), New Life Community Ministries Inc ($1.8m) and Center for Advancement and Study of International Education Inc ($1.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 33% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $97k (5.9% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.8m against liabilities of $769k, net assets of $1.1m. It reported 32 employees.