University of Texas Law School Foundation
Analysis
University of Texas Law School Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 1958, 68 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, University of Texas Law School Foundation reported income of $16.9m and spending of $14.0m, spending 83% of its income. The sharpest change came in the year to August 2021, when income dropped by 30%. Over the whole period it spent 65% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, University of Texas Law School Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Icivics Inc ($16.9m), Amistad Academy Inc ($17.0m) and Hartford Public Library ($16.9m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 58% of the total. Compensation of current officers, directors and key employees was $243k (1.7% of expenses). Other salaries and wages came to $63k. At year end it held assets of $277.1m against liabilities of $1.4m, net assets of $275.7m. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 58%
- Other 42%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Icivics Inc | Cambridge | $16.9m |
| Amistad Academy Inc | New Haven | $17.0m |
| Hartford Public Library | Hartford | $16.9m |
| University Auxiliary Services at Albany Inc | Albany | $17.0m |