Asc Educational Foundation Inc

Analysis

Asc Educational Foundation Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Asc Educational Foundation Inc reported income of $123k and spending of $35k, leaving 71% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $100k to $123k (+23%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 218%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Asc Educational Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include National Council on Patent Practicum Inc ($123k), Ingram Lee Foundation ($123k) and Michigan Universities Coalition on Health Inc ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $550k against liabilities of $0, net assets of $550k.