The Afterschoolcollective Corporation

Analysis

The Afterschoolcollective Corporation is a registered charity in United States, based in Long Island City, NY. It received its IRS tax-exemption ruling in February 2022, 4 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, The Afterschoolcollective Corporation reported income of $324k and spending of $333k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $537k to $324k (-40%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Afterschoolcollective Corporation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Student Government Organization Agricultural & Technical College S ($324k), Upper Valley Christian School ($324k) and Riverrun Community Montessori ($324k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $0 against liabilities of $15, net assets of -$15.