Austin Street Center

Analysis

Austin Street Center is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 1983, 43 years ago. 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 October 2023, Austin Street Center reported income of $10.0m and spending of $10.7m, spending 107% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $20.2m to $10.0m (-50%), an average of -16% a year. The sharpest change came in the year to October 2022, when income dropped by 72%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Austin Street Center sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Morris Health Services ($10.0m), Providence Ministries Inc ($10.0m) and West Bergen Mental Healthcare Inc ($10.0m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 102% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $236k (2.2% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $34.4m against liabilities of $13.0m, net assets of $21.4m. It reported 103 employees.