Adult Christian Education Foundation Inc

Analysis

Adult Christian Education Foundation Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in June 1962, 64 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 September 2023, Adult Christian Education Foundation Inc reported income of $246k and spending of $202k, spending 82% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $98k to $246k (+150%), an average of +26% a year. The sharpest change came in the year to September 2023, when income rose by 64%. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adult Christian Education Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within WI. Charities of a similar size with the same main cause include Rugged Cross Baptist Church ($246k), Rho Chi Society ($246k) and Association for the Rights of Citizens with Handicaps Inc ($246k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 77% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $96k (47% of expenses). At year end it held assets of $308k against liabilities of $4,894, net assets of $303k. It reported 2 employees.