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Axiom Education & Training Center

RegisteredEIN 46-5575353Machias, MEEducation and training
Income$555k2024-06
Spending$447ksame year
Spent / received87%5-year average
Size in its cause69th pctEducation and training
Exempt since2014Publicly supported organisat
Employees10latest return

Analysis

Axiom Education & Training Center is a registered charity in United States, based in Machias, ME. It received its IRS tax-exemption ruling in September 2014, 12 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 June 2024, Axiom Education & Training Center reported income of $555k and spending of $447k, spending 81% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.6m to $555k (-65%), an average of -23% a year. The sharpest change came in the year to June 2022, when income dropped by 70%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Axiom Education & Training Center 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 72nd percentile, and in the 68th percentile within ME. Charities of a similar size with the same main cause include CTK Homeschool Group ($555k), Weekday Eastside Bridge ($555k) and Texas Association of Collegiate Registrars & Admissions Officers ($555k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $189k against liabilities of $0, net assets of $189k. It reported 10 employees.

Income and spending

$0$401k$802k$1.2m$1.6m2020 Income: $1,604,2312020 Spending: $1,308,70420202021 Income: $1,558,6212021 Spending: $1,382,39420212022 Income: $461,9222022 Spending: $430,38120222023 Income: $524,0422023 Spending: $506,44620232024 Income: $555,1802024 Spending: $447,1242024
IncomeSpending

Where the income comes from

  • Contributions & grants 13%
  • Program services 87%

Similar-sized charities, same cause

CharityLocationIncome
CTK Homeschool GroupYpsilanti$555k
Weekday Eastside BridgeNashville$555k
Texas Association of Collegiate Registrars & Admissions OfficersLewisville$555k
Hebret Mutual Aid Society IncSilver Spring$555k