Aci-Na Educational Foundation

Analysis

Aci-Na Educational Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Aci-Na Educational Foundation reported income of $146k and spending of $856, leaving 99% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $51k to $146k (+185%), an average of +185% a year. The sharpest change came in the year to June 2023, when income rose by 185%. Over the whole period it spent 0.5% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aci-Na Educational Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 25th percentile within DC. Charities of a similar size with the same main cause include Wilmington Area Band Boosters Inc ($146k), Friends of the Chesterfield County Public Library ($146k) and Doctor Walter Grand Neurosurgical Forum Inc ($146k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $207k against liabilities of $0, net assets of $207k.