Assurance Sciences Foundation

Analysis

Assurance Sciences Foundation is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in May 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, Assurance Sciences Foundation reported income of $223k and spending of $211k, spending 95% of its income. Across the 2 years on record, from June 2021 to December 2023, income grew from $206k to $223k (+8.4%), an average of +8.4% a year. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Assurance Sciences Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Union Mine Booster Club ($223k), Kendall County Fair Association ($223k) and Aamva Region III Inc ($223k).

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 $364k against liabilities of $0, net assets of $364k.