Afcea Educational Foundation

Analysis

Afcea Educational Foundation is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in October 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 June 2023, Afcea Educational Foundation reported income of $175k and spending of $189k, spending 108% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $50k to $175k (+247%), an average of +86% a year. The sharpest change came in the year to June 2022, when income rose by 225%. Over the whole period it spent 97% 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 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within VA. Charities of a similar size with the same main cause include PTA New Jersey Congress of Parents & Teachers ($175k), Bonney Lake Baseball Association ($175k) and Mike Purkey Ministries Inc ($175k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.