Adams County Education Consortium

Analysis

Adams County Education Consortium is a registered charity in United States, based in Thornton, CO. 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 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 June 2023, Adams County Education Consortium reported income of $1.1m and spending of $1.5m, spending 134% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.3m to $1.1m (-16%), an average of -5.8% a year. The sharpest change came in the year to June 2023, when income dropped by 24%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Adams County Education Consortium 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 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Executive Mba Council Grad School of Bus Columbia Univ ($1.1m), Discovery Preparatory School Inc ($1.1m) and BMG Student Aid Fund Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $117k (7.8% of expenses). Other salaries and wages came to $66k. At year end it held assets of $1.2m against liabilities of $1.2m, net assets of $85k. It reported 2 employees.