Atlantic Seaboard Dyslexia Education Center

Analysis

Atlantic Seaboard Dyslexia Education Center is a registered charity in United States, based in Hyattsville, MD. It received its IRS tax-exemption ruling in October 2003, 23 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, Atlantic Seaboard Dyslexia Education Center reported income of $808k and spending of $797k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $797k to $808k (+1.4%), an average of +0.4% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Atlantic Seaboard Dyslexia Education Center 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 77th percentile, and in the 76th percentile within MD. Charities of a similar size with the same main cause include Fort Schuyler Maritime Alumni Association Inc ($808k), Foundation for the Compton Community College District ($808k) and Bayfield Early Education Program ($808k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $152k (19% of expenses). Other salaries and wages came to $35k. At year end it held assets of $787k against liabilities of $61k, net assets of $726k. It reported 2 employees.