American Community School Foundation Inc

Analysis

American Community School Foundation Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in November 2004, 22 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 June 2024, American Community School Foundation Inc reported income of $7.1m and spending of $7.3m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.0m to $7.1m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Community School Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Peninsula Preparatory Academy Charter School ($7.1m), Beacon Education Inc ($7.1m) and Woodlands School Inc ($7.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $220k (3.0% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 54 employees.