Athletics for Education and Success Inc

Analysis

Athletics for Education and Success Inc is a registered charity in United States, based in Fort Dodge, IA. It received its IRS tax-exemption ruling in November 2022, 4 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 2023, Athletics for Education and Success Inc reported income of $444k and spending of $468k, spending 105% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $252k to $444k (+76%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Athletics for Education and Success Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within IA. Charities of a similar size with the same main cause include Cape Girardeau Public School Foundation ($444k), Edwell Inc ($444k) and Interlocking Ministries ($444k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $62k (13% of expenses). Other salaries and wages came to $50k. At year end it held assets of $856k against liabilities of $280k, net assets of $575k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.