Student Association Inc

Analysis

Student Association Inc is a registered charity in United States, based in California, PA. It received its IRS tax-exemption ruling in March 1983, 43 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 June 2024, Student Association Inc reported income of $7.9m and spending of $6.2m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.3m to $7.9m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Student Association Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include The Breakthrough Collaborative Inc ($7.9m), Aurora Charter School ($8.0m) and Arma Dei Academy Inc ($7.9m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $113k (1.8% of expenses). Other salaries and wages came to $282k. At year end it held assets of $23.8m against liabilities of $27.0m, net assets of -$3.3m. It reported 8 employees.