Associated Students of Claremont McKenna College Inc

Analysis

Associated Students of Claremont McKenna College Inc is a registered charity in United States, based in Claremont, CA. It received its IRS tax-exemption ruling in April 1977, 49 years ago. 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, Associated Students of Claremont McKenna College Inc reported income of $529k and spending of $474k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $267k to $529k (+98%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 246%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Associated Students of Claremont McKenna College Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Corn Hill Waterfront & Navigation Foundation ($529k), American Concrete Institute Southern California Chapter ($529k) and Home Care Hospice & Palliative Care Alliance of New Hampshire ($529k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $44k (9.4% of expenses). Other salaries and wages came to $32k. At year end it held assets of $302k against liabilities of $0, net assets of $302k. It reported 58 employees.