American Society of Interior Designers Educational Foundation I

Analysis

American Society of Interior Designers Educational Foundation I is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 1977, 49 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, American Society of Interior Designers Educational Foundation I reported income of $244k and spending of $172k, leaving 29% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $186k to $244k (+31%), an average of +7.0% a year. The sharpest change came in the year to September 2022, when income dropped by 294%. Over the whole period it spent 293% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, American Society of Interior Designers Educational Foundation I sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 32nd percentile within DC. Charities of a similar size with the same main cause include Industry University Research Center Inc ($244k), Sanctuary Project Foundation Inc ($244k) and Recognizegood the Foundation ($244k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $4.2m against liabilities of $863k, net assets of $3.4m.