American Christian Education Association Inc

Analysis

American Christian Education Association Inc is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in February 1992, 34 years ago. 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 May 2024, American Christian Education Association Inc reported income of $10.2m and spending of $10.3m, spending 101% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $7.7m to $10.2m (+34%), an average of +7.6% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Christian 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 97th percentile within AL. Charities of a similar size with the same main cause include Christian Schools Inc ($10.2m), Alternative Supports Inc ($10.3m) and H & H Lee Charitable Foundation ($10.2m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 3.9% and program service revenue 96% of the total. Other salaries and wages came to $6.7m. At year end it held assets of $9.8m against liabilities of $4.8m, net assets of $5.0m. It reported 279 employees.