Ace Education International Inc

Analysis

Ace Education International Inc is a registered charity in United States, based in McDonough, GA. It received its IRS tax-exemption ruling in June 2004, 22 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 June 2023, Ace Education International Inc reported income of $282k and spending of $274k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $205k to $282k (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2020, when income rose by 63%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ace Education International Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within GA. Charities of a similar size with the same main cause include Ischools Inc ($282k), Plainfield High School Hockey Association ($282k) and Tlafrica Inc ($282k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $10k against liabilities of $1,731, net assets of $8,557.