San Antonio Street Art Initiative

Analysis

San Antonio Street Art Initiative is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 2021, 5 years ago. 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, San Antonio Street Art Initiative reported income of $74k and spending of $140k, spending 190% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $221k to $74k (-67%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Antonio Street Art Initiative sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Minidoka Christian Education Association Inc ($74k), PTA Texas Congress ($74k) and Friends of Gale Free Library ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.3% and program service revenue 86% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.