Aisc Education Foundation
Analysis
Aisc Education Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Aisc Education Foundation reported income of $581k and spending of $490k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $455k to $581k (+27%), an average of +6.3% a year. The sharpest change came in the year to December 2022, when income rose by 268%. Over the whole period it spent 52% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Aisc Education Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Infant and Child Nutrition Inc ($581k), Sunyit Student Association ($581k) and Rootsaction Education Fund ($581k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $5.0m against liabilities of $286k, net assets of $4.8m.
Income and spending
Where the income comes from
- Contributions & grants 77%
- Other 23%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Infant and Child Nutrition Inc | Ocala | $581k |
| Sunyit Student Association | Utica | $581k |
| Rootsaction Education Fund | Sacramento | $581k |
| Carnival Educational Fund Inc | Memphis | $581k |