Institute for College Access and Success Inc

Analysis

Institute for College Access and Success Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Institute for College Access and Success Inc reported income of $5.2m and spending of $5.3m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $5.2m (+81%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 171%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for College Access and Success Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Wildwood Environmental Academy ($5.2m), Arizona Cultural Academy ($5.2m) and University of Cincinnati Research Institute ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $421k (8.0% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $6.4m against liabilities of $765k, net assets of $5.6m. It reported 29 employees.