Afcea Educational Foundation

Analysis

Afcea Educational Foundation is a registered charity in United States, based in Montgomery, AL. 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 $76k and spending of $67k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $76k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 106% 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 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within AL. Charities of a similar size with the same main cause include South Lewis Housing Development Fund Company Inc ($76k), Strom Thurmond Foundation Inc ($76k) and Lotta M Crabtree Trust Uw Lotta Hospital Fund ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.