Afterschool Enrichment Program

Analysis

Afterschool Enrichment Program is a registered charity in United States, based in Daly City, CA. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 July 2024, Afterschool Enrichment Program reported income of $2.0m and spending of $1.7m, spending 86% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $1.7m to $2.0m (+18%), an average of +4.2% a year. The sharpest change came in the year to July 2022, when income rose by 220%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Afterschool Enrichment Program sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Boys & Girls Club of Greater Haverhill Inc ($2.0m), Stanislaus Family Justice Center Foundation ($2.0m) and Rocketown of Middle Tennessee ($2.0m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 32% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $86k (5.0% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.6m against liabilities of $176k, net assets of $2.4m. It reported 66 employees.