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Aisc Education Foundation

RegisteredEIN 51-0243833Chicago, ILEducation and training
Income$581k2023-12
Spending$490ksame year
Spent / received52%5-year average
Size in its cause70th pctEducation and training
Exempt since1998Supporting organisation (typ
Employees0latest return

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

$0$348k$696k$1.0m$1.4m2019 Income: $455,4792019 Spending: $313,08520192020 Income: $543,8432020 Spending: $313,40520202021 Income: $378,1872021 Spending: $300,57120212022 Income: $1,392,8502022 Spending: $331,82820222023 Income: $580,6822023 Spending: $490,4372023
IncomeSpending

Where the income comes from

  • Contributions & grants 77%
  • Other 23%

Similar-sized charities, same cause

CharityLocationIncome
Infant and Child Nutrition IncOcala$581k
Sunyit Student AssociationUtica$581k
Rootsaction Education FundSacramento$581k
Carnival Educational Fund IncMemphis$581k