Aoba Educational Foundation

Analysis

Aoba Educational Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2018, 8 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, Aoba Educational Foundation reported income of $259k and spending of $235k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $513k to $259k (-49%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 51%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aoba Educational Foundation sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 33rd percentile within DC. Charities of a similar size with the same main cause include Cherokee Warriors Touchdown Club LLC ($259k), Student Research and Development ($259k) and Clark County Law Foundation ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $407k against liabilities of $12k, net assets of $396k.