Wasc Senior College and University Commission
Analysis
Wasc Senior College and University Commission is a registered charity in United States, based in Alameda, CA. It received its IRS tax-exemption ruling in September 2014, 12 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 June 2023, Wasc Senior College and University Commission reported income of $7.7m and spending of $7.9m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.1m to $7.7m (+26%), an average of +7.9% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Wasc Senior College and University Commission 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 94th percentile within CA. Charities of a similar size with the same main cause include World Mission University ($7.7m), Brooklyn Kindergarten Society ($7.7m) and Build Wealth MN Inc ($7.7m).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $757k (9.5% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $10.6m against liabilities of $2.7m, net assets of $7.9m. It reported 24 employees.
Income and spending
Where the income comes from
- Program services 96%
- Other 3.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| World Mission University | Los Angeles | $7.7m |
| Brooklyn Kindergarten Society | Brooklyn | $7.7m |
| Build Wealth MN Inc | Minneapolis | $7.7m |
| Broome Street Academy | New York | $7.7m |