Ma-Aua Education Fund Inc

Analysis

Ma-Aua Education Fund Inc is a registered charity in United States, based in East Dundee, IL. It received its IRS tax-exemption ruling in September 2008, 18 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, Ma-Aua Education Fund Inc reported income of $721k and spending of $587k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $526k to $721k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ma-Aua Education Fund Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Ivymount Outreach Programs Inc ($721k), International Chinese Statistical Association ($721k) and Man Up Teacher Fellows Inc ($721k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 65% of the total. At year end it held assets of $2.4m against liabilities of $67k, net assets of $2.3m.