International Association for Continuing Education & Training

Analysis

International Association for Continuing Education & Training is a registered charity in United States, based in Sterling, VA. It received its IRS tax-exemption ruling in March 1978, 48 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, International Association for Continuing Education & Training reported income of $1.4m and spending of $1.6m, spending 114% of what it took in. Across the 6 years on record, from September 2019 to December 2023, income fell from $1.5m to $1.4m (-5.6%), an average of -1.2% a year. The sharpest change came in the year to December 2022, when income rose by 327%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Association for Continuing Education & Training sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include Pinellas Mycroschool Inc ($1.4m), Tensas Academy ($1.4m) and Birzeit University Fund ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $117k (7.1% of expenses). Other salaries and wages came to $477k. At year end it held assets of $783k against liabilities of $512k, net assets of $271k. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.