Avondale Education Association Inc

Analysis

Avondale Education Association Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in February 2005, 21 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 2023, Avondale Education Association Inc reported income of $9.5m and spending of $9.1m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.3m to $9.5m (+30%), an average of +6.9% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Avondale Education Association Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include The Southport School Inc ($9.5m), Embe ($9.5m) and B-K Health Center Inc ($9.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $306k (3.4% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $7.9m against liabilities of $683k, net assets of $7.2m. It reported 106 employees.