Applied Educational Concepts Inc

Analysis

Applied Educational Concepts Inc is a registered charity in United States, based in Lake View Ter, CA. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Applied Educational Concepts Inc reported income of $3.3m and spending of $2.9m, spending 87% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $2.9m to $3.3m (+14%), an average of +3.3% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Applied Educational Concepts Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Child Development Services of Fremont County ($3.3m), Depaul School Inc ($3.3m) and Frankie Lemmon Foundation Inc ($3.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $98k (3.4% of expenses). At year end it held assets of $1.2m against liabilities of $357k, net assets of $838k. It reported 50 employees.