Commission on Independent Colleges & Universities

Analysis

Commission on Independent Colleges & Universities is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in August 1972, 54 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 June 2024, Commission on Independent Colleges & Universities reported income of $2.6m and spending of $2.4m, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.4m to $2.6m (+7.3%), an average of +1.8% a year. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Commission on Independent Colleges & Universities sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Native American Coalition of Tulsa Inc ($2.6m), American Indian Graduate Center Scholars ($2.6m) and Golestan Center for Language Immersion and Cultural Education ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.7% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $1.1m (45% of expenses). Other salaries and wages came to $520k. At year end it held assets of $9.2m against liabilities of $2.5m, net assets of $6.8m. It reported 15 employees.