Southwestern Ahec Inc

Analysis

Southwestern Ahec Inc is a registered charity in United States, based in Shelton, CT. It received its IRS tax-exemption ruling in September 2003, 23 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 September 2023, Southwestern Ahec Inc reported income of $1.6m and spending of $1.5m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $613k to $1.6m (+169%), an average of +28% a year. The sharpest change came in the year to September 2021, when income rose by 139%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwestern Ahec Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within CT. Charities of a similar size with the same main cause include Greensboro Islamic Academy ($1.6m), Womens Empowerment ($1.6m) and The Foundation for Catholic Secondary Education of Greater ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $86k (5.6% of expenses). Other salaries and wages came to $621k. At year end it held assets of $601k against liabilities of $146k, net assets of $456k. It reported 12 employees.