Agc Education and Research Foundation

Analysis

Agc Education and Research Foundation is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in November 1968, 58 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, Agc Education and Research Foundation reported income of $1.3m and spending of $1.1m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.3m (+3.4%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Agc Education and Research Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Skaneateles Early Childhood Center ($1.3m), Slow Food USA Inc ($1.3m) and Womens Board of the Maine Medical Center ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. Other salaries and wages came to $106k. At year end it held assets of $13.2m against liabilities of $277k, net assets of $12.9m.