Eastern Ahec Property Corporation Inc

Analysis

Eastern Ahec Property Corporation Inc is a registered charity in United States, based in Greenville, NC. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Eastern Ahec Property Corporation Inc reported income of $314k and spending of $305k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $255k to $314k (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eastern Ahec Property Corporation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include Celina Education Foundation ($314k), Parent Booster USA Inc ($314k) and Wisconsin Association of School Council Inc ($314k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 45% of the total. At year end it held assets of $219k against liabilities of $2,690, net assets of $216k.