Association for Advancing Quality in Educator Preparation

Analysis

Association for Advancing Quality in Educator Preparation is a registered charity in United States, based in LK Frederick, VA. It received its IRS tax-exemption ruling in February 2019, 7 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 June 2024, Association for Advancing Quality in Educator Preparation reported income of $1.5m and spending of $1.4m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $654k to $1.5m (+125%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 26%. 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, Association for Advancing Quality in Educator Preparation 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 84th percentile within VA. Charities of a similar size with the same main cause include Cathedral High School Foundation ($1.5m), Lexington Universal Academy Inc ($1.5m) and Western Heights Learning Center Inc ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 51% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $112k (7.9% of expenses). Other salaries and wages came to $700k. At year end it held assets of $1.1m against liabilities of $853k, net assets of $219k. It reported 9 employees.