American Technical Education Association Inc

Analysis

American Technical Education Association Inc is a registered charity in United States, based in Eagan, MN. It received its IRS tax-exemption ruling in April 1961, 65 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 June 2024, American Technical Education Association Inc reported income of $225k and spending of $166k, leaving 26% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $167k to $225k (+34%), an average of +34% a year. The sharpest change came in the year to June 2024, when income rose by 34%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Technical Education Association Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Off the Hook Arts ($225k), Ballet Des Ameriques School & Company Inc ($225k) and Racing Magpie ($225k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $98k (59% of expenses). At year end it held assets of $140k against liabilities of $308, net assets of $140k.