Association for Education Finance and Policy Inc

Analysis

Association for Education Finance and Policy Inc is a registered charity in United States, based in Charlottesville, VA. It received its IRS tax-exemption ruling in March 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 December 2023, Association for Education Finance and Policy Inc reported income of $658k and spending of $520k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $407k to $658k (+62%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association for Education Finance and Policy Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include St Louis Psychoanalytic Institute ($658k), Mission East Asian National Support ($658k) and Chesed Shel Emeth Society ($658k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $41k (7.9% of expenses). Other salaries and wages came to $25k. At year end it held assets of $1.1m against liabilities of $15k, net assets of $1.0m. It reported 2 employees.