American Educational Development Incorporated
Analysis
American Educational Development Incorporated is a registered charity in United States, based in Seminole, FL. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, American Educational Development Incorporated reported income of $282k and spending of $282k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $282k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 92% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, American Educational Development Incorporated sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Tawheed Institute Inc ($282k), Keith Wheeler Ministries Inc ($282k) and Souls of the Christian Apostolate ($282k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $74k (26% of expenses). At year end it held assets of $238k against liabilities of $0, net assets of $238k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tawheed Institute Inc | Dearborn HTS | $282k |
| Keith Wheeler Ministries Inc | Tulsa | $282k |
| Souls of the Christian Apostolate | Littleton | $282k |
| Redemption Road Ministries | Fargo | $282k |