Athletes Committed to Educating Students
Analysis
Athletes Committed to Educating Students is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in January 1995, 31 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 August 2023, Athletes Committed to Educating Students reported income of $1.0m and spending of $1.5m, spending 147% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.0m to $1.0m (+3.5%), an average of +0.9% a year. The sharpest change came in the year to August 2022, when income rose by 42%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Athletes Committed to Educating Students sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MN. Charities of a similar size with the same main cause include Arizona Language Preparatory ($1.0m), North Pocono Preschool ($1.0m) and Foundation for Medical Excellence ($1.0m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $105k (6.8% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $595k against liabilities of $64k, net assets of $531k. It reported 48 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Program services 3.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Arizona Language Preparatory | Scottsdale | $1.0m |
| North Pocono Preschool | Moscow | $1.0m |
| Foundation for Medical Excellence | Portland | $1.0m |
| Finishing Trades Institute of West Virginia Region Inc | Charleston | $1.0m |