Association for Continuing Education

Analysis

Association for Continuing Education is a registered charity in United States, based in Los Altos, CA. It received its IRS tax-exemption ruling in June 1969, 57 years ago. 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 June 2024, Association for Continuing Education reported income of $674k and spending of $2.6m, spending 386% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.9m to $674k (-64%), an average of -23% a year. The sharpest change came in the year to June 2023, when income rose by 1637%. Over the whole period it spent 28% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association for Continuing Education sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Fort Hays Tech North Central Foundation ($674k), Heritage Housing Partners Corporation ($674k) and Oak Grove Montessori Elementary School Inc ($673k).

Compensation of current officers, directors and key employees was $214k (8.2% of expenses). At year end it held assets of $26.7m against liabilities of $0, net assets of $26.7m. It reported 2 employees.