African Education Program

Analysis

African Education Program is a registered charity in United States, based in Wayne, PA. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 March 2024, African Education Program reported income of $477k and spending of $348k, leaving 27% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $319k to $477k (+50%), an average of +11% a year. The sharpest change came in the year to March 2021, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, African Education Program sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include All Access International ($477k), Agami Inc ($477k) and American Friends of the Open University of Israel Inc ($477k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $164k (47% of expenses). It paid $1,159 in professional fundraising fees. At year end it held assets of $195k against liabilities of $17k, net assets of $178k. It reported 2 employees.