Association for Educational Development

Analysis

Association for Educational Development is a registered charity in United States, based in Park Ridge, IL. It received its IRS tax-exemption ruling in October 1967, 59 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Association for Educational Development reported income of $1.1m and spending of $697k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $322k to $1.1m (+232%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 185%. Over the whole period it spent 56% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Association for Educational Development sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include United Congregations of Metroeast ($1.1m), Igreja Evangelica Resgate ($1.1m) and Next Step Day Room Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 15% of the total. Other salaries and wages came to $172k. At year end it held assets of $5.6m against liabilities of $0, net assets of $5.6m. It reported 12 employees.