Association of Private Enterprise Education Inc

Analysis

Association of Private Enterprise Education Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in October 1979, 47 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, Association of Private Enterprise Education Inc reported income of $345k and spending of $378k, spending 110% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $135k to $345k (+156%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 150%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of Private Enterprise Education Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Shasta Christian Youth Inc ($345k), House of Pais ($345k) and Road Runners Club of America ($345k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 44% of the total. Other salaries and wages came to $45k. At year end it held assets of $612k against liabilities of $0, net assets of $612k.