Association for Community Education Inc

Analysis

Association for Community Education Inc is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in May 1987, 39 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Community Education Inc reported income of $2.8m and spending of $2.1m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $2.8m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Association for Community Education Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Atlas Performing Arts Center ($2.8m), Asheville Symphony Society Inc ($2.8m) and Stuttering Association for the Young Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $212k (10.0% of expenses). Other salaries and wages came to $755k. At year end it held assets of $3.3m against liabilities of $88k, net assets of $3.2m. It reported 26 employees.