Middle States Association of Colleges and Schools

Analysis

Middle States Association of Colleges and Schools is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 1994, 32 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 June 2023, Middle States Association of Colleges and Schools reported income of $3.5m and spending of $3.0m, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.7m to $3.5m (+29%), an average of +8.8% a year. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Middle States Association of Colleges and Schools sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Queens University of Charlotte Endowment ($3.5m), Academie D Vinci Charter School Inc ($3.5m) and Specialized Early Childhood Center of Western New York Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.6% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $460k (16% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.6m against liabilities of $1.3m, net assets of $3.3m. It reported 28 employees.