Afsa Education Foundation

Analysis

Afsa Education Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1990, 36 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Afsa Education Foundation reported income of $1.4m and spending of $913k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $867k to $1.4m (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 170%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Afsa Education Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 60th percentile within DC. Charities of a similar size with the same main cause include Jackson Wild ($1.4m), Neighborhood Music School Association ($1.4m) and Cognitive Science Society ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 43% of the total. Other salaries and wages came to $109k. At year end it held assets of $9.7m against liabilities of $45k, net assets of $9.7m.