Eq Austin

Analysis

Eq Austin is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 2019, 7 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 (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, Eq Austin reported income of $82k and spending of $121k, spending 148% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $84k to $82k (-1.8%), an average of -0.9% a year. The sharpest change came in the year to December 2022, when income rose by 25%. 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, Eq Austin 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 32nd percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Pier Into the Future ($82k), Harmonie Preservation Foundation Inc ($82k) and Consortium MMT ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.