Afcea Educational Foundation

Analysis

Afcea Educational Foundation is a registered charity in United States, based in Alexandria, 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 June 2024, Afcea Educational Foundation reported income of $225k and spending of $272k, spending 121% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $105k to $225k (+114%), an average of +46% a year. The sharpest change came in the year to June 2023, when income rose by 138%. Over the whole period it spent 92% 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 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within VA. Charities of a similar size with the same main cause include Wisconsin Academy for Graduate Service Dogs Inc ($225k), Lutheran Church of the Master ($225k) and Jaguar Club Inc ($225k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.