American Congregational Association

Analysis

American Congregational Association is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 1924, 102 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, American Congregational Association reported income of $1.1m and spending of $1.9m, spending 184% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income fell from $1.9m to $1.1m (-43%), an average of -11% a year. The sharpest change came in the year to March 2024, when income rose by 143%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Congregational Association 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 79th percentile within MA. Charities of a similar size with the same main cause include Citrus College Foundation ($1.1m), Southern Virginia Higher Education Foundation Inc ($1.1m) and Renaissance Technical Institute Inc ($1.1m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 25% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $187k (9.7% of expenses). Other salaries and wages came to $445k. It paid $350 in professional fundraising fees. At year end it held assets of $39.4m against liabilities of $9.1m, net assets of $30.2m. It reported 9 employees.