The Albany Education Foundation

Analysis

The Albany Education Foundation is a registered charity in United States, based in Albany, CA. It received its IRS tax-exemption ruling in November 1995, 31 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 June 2024, The Albany Education Foundation reported income of $82k and spending of $90k, spending 110% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $71k to $82k (+14%), an average of +14% a year. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Albany Education Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Sons of Liberty International ($82k), Timberwolf Instrumental Music Boosters Northwood High School ($82k) and Outdoor Rec Adventures Inc ($82k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 1.0% of the total. At year end it held assets of $191k against liabilities of $0, net assets of $191k.