American Open University Inc

Analysis

American Open University Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Open University Inc reported income of $73k and spending of $60k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $54k to $73k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2020, when income rose by 142%. Over the whole period it spent 126% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Open University Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within VA. Charities of a similar size with the same main cause include Midamerica Teachers of English to Speakers of Other Languages Inc ($73k), The Foundation of Bonita Naples Rotary Club Inc ($73k) and Wealthy Elementary School Parent Teacher Organization ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.8% and program service revenue 93% of the total. Other salaries and wages came to $32k. At year end it held assets of $583k against liabilities of $0, net assets of $583k. It reported 2 employees.