Afcea Educational Foundation

Analysis

Afcea Educational Foundation is a registered charity in United States, based in Savage, MD. It received its IRS tax-exemption ruling in December 1984, 42 years ago. 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 December 2023, Afcea Educational Foundation reported income of $187k and spending of $264k, spending 141% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $265k to $187k (-29%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Afcea Educational Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within MD. Charities of a similar size with the same main cause include Indian Lake Convention and Visitors Bureau ($187k), Volunteers of America Inc ($187k) and Vets4vetsorg ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.