International Association for College Admission Counseling Inc
Analysis
International Association for College Admission Counseling Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in February 2001, 25 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 December 2023, International Association for College Admission Counseling Inc reported income of $1.5m and spending of $1.3m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.5m (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2020, when income dropped by 69%. Over the whole period it spent 93% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, International Association for College Admission Counseling Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include Santa Ynez Valley Christian Academy ($1.5m), Richard Bland College Foundation Inc ($1.5m) and Friends of the Fromm Institute for Life-Long Learning ($1.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $76k (5.8% of expenses). Other salaries and wages came to $121k. At year end it held assets of $2.0m against liabilities of $20k, net assets of $1.9m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 23%
- Program services 69%
- Other 8.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Santa Ynez Valley Christian Academy | Santa Ynez | $1.5m |
| Richard Bland College Foundation Inc | S Prince Geo | $1.5m |
| Friends of the Fromm Institute for Life-Long Learning | Larkspur | $1.5m |
| Ohio Energy Project | Worthington | $1.5m |