American Academy of International Culture and Education Inc
Analysis
American Academy of International Culture and Education Inc is a registered charity in United States, based in Albertson, NY. It received its IRS tax-exemption ruling in June 2020, 6 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 December 2023, American Academy of International Culture and Education Inc reported income of $490k and spending of $336k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $215k to $490k (+128%), an average of +51% a year. The sharpest change came in the year to December 2022, when income rose by 117%. Over the whole period it spent 84% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, American Academy of International Culture and Education Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include South Dakota State Medical Association Foundation ($490k), Nawic Founders Scholarship Foundation ($490k) and Action Mile High Foundation ($490k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $150k. At year end it held assets of $339k against liabilities of $142k, net assets of $197k. It reported 3 employees.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| South Dakota State Medical Association Foundation | Sioux Falls | $490k |
| Nawic Founders Scholarship Foundation | Saint Paul | $490k |
| Action Mile High Foundation | Denver | $490k |
| Hopewell Development and Achievement Center | Dallas | $490k |