Afcea Educational Foundation

Analysis

Afcea Educational Foundation is a registered charity in United States, based in Fairfax, 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 September 2023, Afcea Educational Foundation reported income of $536k and spending of $500k, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $420k to $536k (+27%), an average of +6.2% a year. The sharpest change came in the year to September 2023, when income rose by 54%. Over the whole period it spent 96% 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 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include The Valley Hospital Auxiliary ($536k), Land of Lincoln Honor Flight ($536k) and Health Resources Lifecare Center Inc ($536k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $1.4m against liabilities of $613k, net assets of $797k.