Greater Austin Malayalee Association

Analysis

Greater Austin Malayalee Association is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greater Austin Malayalee Association reported income of $147k and spending of $157k, spending 107% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $92k to $147k (+59%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 80%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greater Austin Malayalee Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Lewisville Playhouse Inc ($147k), Striving for All ($147k) and Cashmere Community Coffee House ($147k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.