Accrediting Council for Continuing Education & Training Inc

Analysis

Accrediting Council for Continuing Education & Training Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Accrediting Council for Continuing Education & Training Inc reported income of $2.8m and spending of $2.8m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.0m to $2.8m (-7.3%), an average of -1.9% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Accrediting Council for Continuing Education & Training Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 72nd percentile within DC. Charities of a similar size with the same main cause include Virginia Mason Institute ($2.8m), Cincinnati Achievement Academy ($2.8m) and Phoenix Montessori Academy ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $283k (10% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $4.6m against liabilities of $1.8m, net assets of $2.8m. It reported 17 employees.