Association for Educational Development-California

Analysis

Association for Educational Development-California is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1968, 58 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, Association for Educational Development-California reported income of $1.1m and spending of $615k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $863k to $1.1m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association for Educational Development-California sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Lakeland Institute for Learning Org ($1.1m), Motlow College Foundation ($1.1m) and Lehigh Valley Association of Independent Colleges ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $8,000 (1.3% of expenses). Other salaries and wages came to $31k. At year end it held assets of $11.7m against liabilities of $56, net assets of $11.7m. It reported 6 employees.