American Councils for International Education Actr Accels Inc

Analysis

American Councils for International Education Actr Accels Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1976, 50 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, American Councils for International Education Actr Accels Inc reported income of $110.9m and spending of $109.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $84.2m to $110.9m (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Councils for International Education Actr Accels Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within DC. Charities of a similar size with the same main cause include Central Fund of Israel ($109.2m), United Nations Foundation Inc ($113.4m) and World Learning Inc ($108.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $1.7m (1.5% of expenses). Other salaries and wages came to $18.4m. At year end it held assets of $48.5m against liabilities of $35.3m, net assets of $13.2m. It reported 435 employees.