Afcea Educational Foundation

Analysis

Afcea Educational Foundation is a registered charity in United States, based in Falls Church, 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 2024, Afcea Educational Foundation reported income of $65k and spending of $86k, spending 133% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $407k to $65k (-84%), an average of -31% a year. The sharpest change came in the year to June 2021, when income rose by 4009%. Over the whole period it spent 107% 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 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within VA. Charities of a similar size with the same main cause include Second Mile Ministries ($65k), PTA Mississippi Congress ($65k) and Washington State Science and Engineering Fair ($65k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $65k, net assets of -$52k.