Albion Education Foundation

Analysis

Albion Education Foundation is a registered charity in United States, based in Albion, NE. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Albion Education Foundation reported income of $202k and spending of $167k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $163k to $202k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Albion Education Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NE. Charities of a similar size with the same main cause include Muslim Group of USA and Canada ($201k), Wat Lao Boubpharam of San Diego ($202k) and Nerys Promise ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 3.2% of the total. At year end it held assets of $3.5m against liabilities of $0, net assets of $3.5m.