Society for College & University Planning

Analysis

Society for College & University Planning is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in December 1966, 60 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 September 2023, Society for College & University Planning reported income of $4.2m and spending of $4.1m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $4.8m to $4.2m (-11%), an average of -2.9% a year. The sharpest change came in the year to September 2022, when income rose by 83%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society for College & University Planning sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MI. Charities of a similar size with the same main cause include Minneapolis Electrical Joint Apprenticeship & Training TR Fund ($4.2m), Zoom Group Inc ($4.3m) and Bible Mennonite Fellowship ($4.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 9.7% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $385k (9.3% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $3.7m against liabilities of $2.0m, net assets of $1.7m. It reported 23 employees.