Education
(B82)
IRS Verified
DX Registered
ALLIANCE FOR CHOICE IN EDUCATION
CharityAI™ Score
Not yet evaluated
Mission Statement
Mission: To provide children of lower-income families with scholarships to private schools in grades K-12, and to advocate for expanded school choice. Vision: That every child has equal access to a quality education.
Financial Overview — FY 2023
$54.8M
Total Revenue
$41.1M
Total Expenses
$85.5M
Net Assets
46
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
84.8%
Fundraising Efficiency
0.0%
Operating Reserve
24.93x
Liability-to-Asset
1.3%
Revenue Diversification
99.0%
Impact
4 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Low-Income, K-12 Students Able to Enroll in Quality Private Schools with Scholarships from ACE | 15,762 | $2,654.00 | 80,144 | Per Year |
| Low-Income, K-12 Female Students Able to Enroll in Quality Private Schools with ACE scholarships | 7,881 | $2,654.00 | 40,072 | Per Year |
| Low-Income, K-12 Students Able to Enroll in Quality Private Schools with Scholarships from ACE | 15,762 | $2,654.00 | 80,144 | Per Year |
| Low-Income, K-12 Students of a Diverse Background Able to Enroll in Quality Private Schools | 11,597 | $2,654.00 | 46,478 | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $54.8M | $41.1M | $85.5M | 84.8% | 46 |
| 2021 | $34.0M | $27.3M | N/A | — | 47 |
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