Lake Travis Band Parents Inc

Analysis

Lake Travis Band Parents Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in November 2001, 25 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, Lake Travis Band Parents Inc reported income of $399k and spending of $382k, spending 96% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $209k to $399k (+91%), an average of +14% a year. The sharpest change came in the year to May 2022, when income rose by 113%. 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, Lake Travis Band Parents Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Education Foundation of Baltimore County Public ($399k), Bill Memorial Library ($399k) and Sewing Lab ($399k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 30% and program service revenue 52% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.