Academic Alternative Education Inc

Analysis

Academic Alternative Education Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Academic Alternative Education Inc reported income of $83k and spending of $66k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $286k to $83k (-71%), an average of -46% a year. The sharpest change came in the year to December 2022, when income dropped by 82%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academic Alternative Education Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include Angel Program Fund ($83k), Longleaf Elementary PTO Inc ($83k) and Fund for Human Possibility ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 94% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.