Fund for Education Abroad

Analysis

Fund for Education Abroad is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fund for Education Abroad reported income of $692k and spending of $805k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $692k (-48%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 75%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fund for Education Abroad 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 48th percentile within DC. Charities of a similar size with the same main cause include Early Childhood Learning Education Assessment Resource Network Inc ($692k), Appleseed Childhood Education Incorporated ($692k) and East Side Learning Center ($692k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Other salaries and wages came to $3,420. At year end it held assets of $1.8m against liabilities of $125k, net assets of $1.6m.