African American Federal Executives Association Incorporated

Analysis

African American Federal Executives Association Incorporated is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2022, African American Federal Executives Association Incorporated reported income of $544k and spending of $551k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $419k to $544k (+30%), an average of +9.1% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, African American Federal Executives Association Incorporated sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MD. Charities of a similar size with the same main cause include Montessori Community School Inc ($544k), Perfect Harmony Health Inc ($545k) and Desert Mountain Athletic Boosters Inc ($544k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 49% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $178k (32% of expenses). At year end it held assets of $628k against liabilities of $0, net assets of $628k.