University Studies Abroad Consortium

Analysis

University Studies Abroad Consortium is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in November 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 May 2023, University Studies Abroad Consortium reported income of $22.3m and spending of $21.3m, spending 96% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $31.5m to $22.3m (-29%), an average of -8.3% a year. The sharpest change came in the year to May 2022, when income rose by 467%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University Studies Abroad Consortium sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NV. Charities of a similar size with the same main cause include Louisiana Tech University Foundation Inc ($22.3m), Fund for Educational Excellence Inc ($22.3m) and Arizona Community Development Corporation ($22.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $343k (1.6% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $40.3m against liabilities of $9.9m, net assets of $30.4m. It reported 101 employees.