Rbi Austin

Analysis

Rbi Austin is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, Rbi Austin reported income of $1.8m and spending of $1.6m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $1.8m (+36%), an average of +8.0% a year. The sharpest change came in the year to September 2022, when income rose by 53%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rbi Austin 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 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Westside Metros Soccer Club ($1.8m), Pirates Charities ($1.8m) and USA Water Ski & Wake Sports Inc ($1.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 103% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $204k (13% of expenses). Other salaries and wages came to $476k. At year end it held assets of $2.2m against liabilities of $26k, net assets of $2.1m. It reported 12 employees.