Educational and Research Foundation for the American Academy of Facial

Analysis

Educational and Research Foundation for the American Academy of Facial is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in March 1978, 48 years ago. 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, Educational and Research Foundation for the American Academy of Facial reported income of $2.4m and spending of $3.1m, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $2.4m (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2020, when income dropped by 71%. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Educational and Research Foundation for the American Academy of Facial sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include Lutheran Foundation of New Jersey Inc ($2.4m), Multicultural Career Intern Program ($2.4m) and Hattie B Cooper Community Center Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 52% of the total. At year end it held assets of $5.8m against liabilities of $2.3m, net assets of $3.5m.