After8toeducate

Analysis

After8toeducate is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 2018, 8 years ago. 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, After8toeducate reported income of $430k and spending of $610k, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $430k (-82%), an average of -35% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, After8toeducate sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Long Island Progressive Coalition Education Project Inc ($430k), East Marietta Basketball Inc ($430k) and Family Resource Center of Northwest Alabama Inc ($430k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $108k (18% of expenses). Other salaries and wages came to $162k. It paid $625 in professional fundraising fees. At year end it held assets of $189k against liabilities of $128k, net assets of $61k. It reported 16 employees.