Indiana Association for College Admission Counseling Inc
Analysis
Indiana Association for College Admission Counseling Inc is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in December 1983, 43 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Indiana Association for College Admission Counseling Inc reported income of $221k and spending of $195k, spending 88% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $180k to $221k (+22%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 80% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Indiana Association for College Admission Counseling Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within IN. Charities of a similar size with the same main cause include Kirksville Regional Economic Development Inc ($221k), Uptown Westerville Inc ($221k) and Village at West Jefferson Inc ($221k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $40k (20% of expenses). At year end it held assets of $323k against liabilities of $0, net assets of $323k.
Income and spending
Where the income comes from
- Contributions & grants 34%
- Program services 66%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kirksville Regional Economic Development Inc | Kirksville | $221k |
| Uptown Westerville Inc | Westerville | $221k |
| Village at West Jefferson Inc | Louisville | $221k |
| Ujamaa Collective | Pittsburgh | $221k |