College Access Plan

Analysis

College Access Plan is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in June 2007, 19 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 July 2023, College Access Plan reported income of $1.2m and spending of $1.1m, spending 90% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $774k to $1.2m (+59%), an average of +12% a year. The sharpest change came in the year to July 2023, when income rose by 49%. 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, College Access Plan sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Washington English Center ($1.2m), Sacred Heart Academy Foundation Inc ($1.2m) and Christian Family International ($1.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $122k (11% of expenses). Other salaries and wages came to $700k. It paid $5,000 in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $33k, net assets of $1.1m. It reported 14 employees.