The Afghan Academy Inc

Analysis

The Afghan Academy Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in April 1994, 32 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, The Afghan Academy Inc reported income of $194k and spending of $110k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $225k to $194k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Afghan Academy Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within VA. Charities of a similar size with the same main cause include Love We Dont See ($194k), Schoolcraft Community Library Inc ($194k) and Friends of Bache Martin ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. At year end it held assets of $2.1m against liabilities of $1.4m, net assets of $695k.