Aacsb International the Association to Advance Collegiate Schools of

Analysis

Aacsb International the Association to Advance Collegiate Schools of is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in April 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Aacsb International the Association to Advance Collegiate Schools of reported income of $25.7m and spending of $25.6m, spending 100% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $22.8m to $25.7m (+13%), an average of +4.1% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aacsb International the Association to Advance Collegiate Schools of sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Impact Public Schools ($25.6m), Mundo Verde Bilingual Public Charter School ($25.7m) and Lifespan School Solutions Inc ($25.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $2.2m (8.5% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $42.0m against liabilities of $20.6m, net assets of $21.5m. It reported 82 employees.