German Studies Association
Analysis
German Studies Association is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 1977, 49 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, German Studies Association reported income of $508k and spending of $552k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $505k to $508k (+0.7%), an average of +0.2% a year. Over the whole period it spent 96% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, German Studies Association sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include O C C H a Inc ($508k), Sturgeon City of Jacksonville NC ($508k) and Legatum Foundation ($508k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $89k (16% of expenses). At year end it held assets of $997k against liabilities of $4,604, net assets of $993k.
Income and spending
Where the income comes from
- Contributions & grants 53%
- Program services 46%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| O C C H a Inc | Youngstown | $508k |
| Sturgeon City of Jacksonville NC | Jacksonville | $508k |
| Legatum Foundation | Lancaster | $508k |
| Benjamin Hershey Memorial Convalescent Home | Muscatine | $508k |