Association of Amherst Students Inc

Analysis

Association of Amherst Students Inc is a registered charity in United States, based in Amherst, MA. It received its IRS tax-exemption ruling in February 1992, 34 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 May 2024, Association of Amherst Students Inc reported income of $1.2m and spending of $993k, spending 84% of its income. Across the 5 years on record, from May 2020 to May 2024, income fell from $1.3m to $1.2m (-8.3%), an average of -2.1% a year. The sharpest change came in the year to May 2022, when income rose by 226%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association of Amherst Students Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Navy Supply Corps Foundation Incorporated ($1.2m), Southwestern Illinois Law Enforcement Commission ($1.2m) and Las Vegas-Clark County Library District Foundation Inc ($1.2m).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $109k (11% of expenses). At year end it held assets of $296k against liabilities of $19k, net assets of $277k.