Acfe Foundation

Analysis

Acfe Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 2006, 20 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, Acfe Foundation reported income of $570k and spending of $208k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $288k to $570k (+98%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Acfe Foundation 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 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Leap Year ($570k), Shumei International Institute Inc ($570k) and Uncommon Org Inc ($569k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 1.2% of the total. At year end it held assets of $2.0m against liabilities of $92k, net assets of $1.9m.