American Brownstone Institute
Analysis
American Brownstone Institute is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, American Brownstone Institute reported income of $2.4m and spending of $1.5m, leaving 39% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.2m to $2.4m (+103%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 40% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, American Brownstone Institute sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Applied Scholastics International ($2.4m), Western Ohio Educational Foundation ($2.4m) and Ingenuity Project Inc ($2.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $157k (11% of expenses). Other salaries and wages came to $706k. At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 4.5%
- Other 2.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Applied Scholastics International | Saint Louis | $2.4m |
| Western Ohio Educational Foundation | Celina | $2.4m |
| Ingenuity Project Inc | Baltimore | $2.4m |
| Ready Set Grow Inc | Boca Raton | $2.4m |