The Arab Educational Council

Analysis

The Arab Educational Council is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1994, 32 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, The Arab Educational Council reported income of $179k and spending of $108k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $184k to $179k (-3.1%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Arab Educational Council sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Career Strategies Incorporation ($179k), Turlock Nursery School ($179k) and RBC Sports Inc ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $19k (17% of expenses). At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.