American Council for Construction Education Inc
Analysis
American Council for Construction Education Inc is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in October 1975, 51 years ago. 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, American Council for Construction Education Inc reported income of $762k and spending of $683k, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $743k to $762k (+2.7%), an average of +0.5% a year. The sharpest change came in the year to June 2022, when income rose by 271%. Over the whole period it spent 99% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Council for Construction Education Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Avon Free Library ($762k), Miracles in Motion Therapeutic Equestrian Center ($763k) and Little League Baseball Inc ($762k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 18% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $115k (17% of expenses). Other salaries and wages came to $66k. At year end it held assets of $934k against liabilities of $554k, net assets of $380k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 18%
- Program services 79%
- Other 2.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Avon Free Library | Avon | $762k |
| Miracles in Motion Therapeutic Equestrian Center | Swisher | $763k |
| Little League Baseball Inc | Bonita | $762k |
| Door County Historical Society | Sturgeon Bay | $763k |