Aba Agc Education Fund

Analysis

Aba Agc Education Fund is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in May 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Aba Agc Education Fund reported income of $676k and spending of $856k, spending 127% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $901k to $676k (-25%), an average of -9.1% a year. The sharpest change came in the year to June 2022, when income dropped by 33%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aba Agc Education Fund 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 71st percentile within AZ. Charities of a similar size with the same main cause include Change Is Possible Inc ($676k), Central Delaware Christian Academy Inc ($676k) and Kansas Farm Management Association S C ($676k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.5% and program service revenue 94% of the total. At year end it held assets of $1.4m against liabilities of $74k, net assets of $1.4m.