New England Association for College Admission Counseling

Analysis

New England Association for College Admission Counseling is a registered charity in United States, based in Ellington, CT. It received its IRS tax-exemption ruling in January 1986, 40 years ago. 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 August 2023, New England Association for College Admission Counseling reported income of $787k and spending of $694k, spending 88% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $707k to $787k (+11%), an average of +2.7% a year. The sharpest change came in the year to August 2022, when income rose by 77%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New England Association for College Admission Counseling sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within CT. Charities of a similar size with the same main cause include Housing Options Provided for the Elderly Incorporated ($787k), The Mother Connection of Cortlandt Inc ($787k) and Down Syndrome Organization of Southern Nevada ($787k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.2% and program service revenue 84% of the total. Other salaries and wages came to $101k. At year end it held assets of $2.0m against liabilities of $2,485, net assets of $2.0m. It reported 2 employees.