Austin Foundation for Architecture

Analysis

Austin Foundation for Architecture is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Austin Foundation for Architecture reported income of $99k and spending of $165k, spending 167% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $320k to $99k (-69%), an average of -69% a year. The sharpest change came in the year to December 2023, when income dropped by 69%. Over the whole period it spent 63% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Austin Foundation for Architecture sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include U S Center Foundation Inc ($99k), Lower Richland Sweet Potato Festival ($99k) and Children and Arthritis ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 18% of the total. At year end it held assets of $402k against liabilities of $1,021, net assets of $401k.