Afcea Educational Foundation

Analysis

Afcea Educational Foundation is a registered charity in United States, based in Leander, TX. 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 December 2023, Afcea Educational Foundation reported income of $275k and spending of $285k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $66k to $275k (+317%), an average of +43% a year. The sharpest change came in the year to December 2020, when income rose by 250%. Over the whole period it spent 142% 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 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Community Nursery of Cayuga Heights Inc ($275k), C U Independence Inc ($275k) and Jesse Owens Memorial Park ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.6% of the total. At year end it held assets of $99k against liabilities of $24k, net assets of $75k.