American Schools Association

Analysis

American Schools Association is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 February 2024, American Schools Association reported income of $137k and spending of $97k, leaving 29% of income unspent that year. Across the 5 years on record, from February 2020 to February 2024, income fell from $202k to $137k (-32%), an average of -9.3% a year. The sharpest change came in the year to February 2024, when income rose by 249%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Schools Association sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within NV. Charities of a similar size with the same main cause include Local 282 Intl Brotherhood of Teamsters Scholarship Fund ($137k), Southeast Missouri Preparatory School ($137k) and Parent Booster USA Inc ($137k).

On its Form 990 for the period ending February 2024, revenue came from program service revenue 36% of the total. Compensation of current officers, directors and key employees was $42k (43% of expenses). At year end it held assets of $432k against liabilities of $1,200, net assets of $431k. It reported 1 employees.