American International School of Lagos Nigeria

Analysis

American International School of Lagos Nigeria is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, American International School of Lagos Nigeria reported income of $27.1m and spending of $12.6m, leaving 53% of income unspent that year. Across the 4 years on record, from July 2020 to July 2023, income grew from $27.0m to $27.1m (+0.2%), an average of +0.1% a year. The sharpest change came in the year to July 2023, when income rose by 75%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American International School of Lagos Nigeria sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within VA. Charities of a similar size with the same main cause include Ashley Hall Foundation ($27.1m), Challenge Preparatory Charter School ($27.1m) and Meadows School ($27.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.2% and program service revenue 61% of the total. Other salaries and wages came to $6.7m. At year end it held assets of $70.9m against liabilities of $8.7m, net assets of $62.3m.