Aum Education Society of Texas

Analysis

Aum Education Society of Texas is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Aum Education Society of Texas reported income of $686k and spending of $299k, leaving 56% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $431k to $686k (+59%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 25% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aum Education Society of Texas sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Elbie and Wilma Gann Memorial Foundation ($686k), Ppsel Building Corporation ($686k) and Linville Foundation Inc ($686k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 40% of the total. Other salaries and wages came to $98k. At year end it held assets of $2.1m against liabilities of $217k, net assets of $1.9m. It reported 19 employees.