Collegian Inc

Analysis

Collegian Inc is a registered charity in United States, based in University PK, PA. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Collegian Inc reported income of $894k and spending of $601k, leaving 33% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $701k to $894k (+28%), an average of +8.5% a year. The sharpest change came in the year to May 2023, when income rose by 28%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Collegian 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 78th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include I Have a Dream Foundation of Miami Inc ($894k), The Cypress Initiative Inc ($894k) and Madison Waldorf School Ltd ($894k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $91k (15% of expenses). Other salaries and wages came to $168k. At year end it held assets of $1.6m against liabilities of $161k, net assets of $1.5m. It reported 10 employees.