Aoa Educational Foundation Inc

Analysis

Aoa Educational Foundation Inc is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Aoa Educational Foundation Inc reported income of $288k and spending of $206k, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $218k to $288k (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2023, when income rose by 7430%. Over the whole period it spent 127% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Aoa Educational Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MI. Charities of a similar size with the same main cause include Catalyst Community Development Corporation ($288k), Trustees of Purdue University ($288k) and Building Bridges ($288k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $246k against liabilities of $458k, net assets of -$212k.