Accreditation Council for Business Schools and Programs

Analysis

Accreditation Council for Business Schools and Programs is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in May 1989, 37 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 December 2023, Accreditation Council for Business Schools and Programs reported income of $3.1m and spending of $2.9m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.1m (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Accreditation Council for Business Schools and Programs sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within KS. Charities of a similar size with the same main cause include Alameda County Electrical Industry Apprenticeship & Training Trust ($3.1m), The Grove School ($3.1m) and Texas A&m San Antonio Foundation ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $3.8m against liabilities of $1.3m, net assets of $2.5m. It reported 14 employees.