Advanced Education Research & Development Fund

Analysis

Advanced Education Research & Development Fund is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in March 2021, 5 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, Advanced Education Research & Development Fund reported income of $28.7m and spending of $30.8m, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $32.8m to $28.7m (-13%), an average of -6.5% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Advanced Education Research & Development Fund 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 CA. Charities of a similar size with the same main cause include New York Institute for Special Education ($28.7m), Leadership Public Schools Inc ($28.7m) and Caney Creek Community Center ($28.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $1.7m (5.7% of expenses). Other salaries and wages came to $7.4m. At year end it held assets of $55.9m against liabilities of $2.5m, net assets of $53.4m. It reported 69 employees.