Lehigh Valley Association of Independent Colleges

Analysis

Lehigh Valley Association of Independent Colleges is a registered charity in United States, based in Bethlehem, PA. It received its IRS tax-exemption ruling in January 1971, 55 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 2024, Lehigh Valley Association of Independent Colleges reported income of $1.1m and spending of $1.1m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.3m to $1.1m (-15%), an average of -4.0% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lehigh Valley Association of Independent Colleges sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Smiles Day School ($1.1m), Lakeland Institute for Learning Org ($1.1m) and Escuela Argentina Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $192k (18% of expenses). Other salaries and wages came to $244k. At year end it held assets of $597k against liabilities of $239k, net assets of $358k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.