Austin Street Real Estate

Analysis

Austin Street Real Estate is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Austin Street Real Estate reported income of $197k and spending of $980k, spending 499% of what it took in. Over the whole period it spent 365% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Austin Street Real Estate sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Center for Consumer Recovery Inc ($197k), Highland Council for the Deaf ($197k) and Haiti Mission USA Inc ($197k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 29% of the total. At year end it held assets of $16.2m against liabilities of $17.2m, net assets of -$1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.