Auc Consortium Inc

Analysis

Auc Consortium Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Auc Consortium Inc reported income of $7.1m and spending of $4.9m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $7.1m (+345%), an average of +45% a year. The sharpest change came in the year to June 2020, when income rose by 115%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Auc Consortium Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Northern Light School ($7.1m), Arizona Private Education Scholarship Fund Inc ($7.1m) and Child Study Center ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $976k (20% of expenses). Other salaries and wages came to $50k. At year end it held assets of $11.6m against liabilities of $2.6m, net assets of $9.0m. It reported 13 employees.