Minnesota Association for College Admission Counseling

Analysis

Minnesota Association for College Admission Counseling is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in October 1975, 51 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 June 2023, Minnesota Association for College Admission Counseling reported income of $282k and spending of $173k, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $252k to $282k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2023, when income rose by 66%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Minnesota Association for College Admission Counseling sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Community School Scholarship Fund ($282k), Mariposa Housing Inc ($282k) and Sickle Cell Foundation of Greater Montgomery Inc ($282k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.9% and program service revenue 79% of the total. Other salaries and wages came to $31k. At year end it held assets of $951k against liabilities of $0, net assets of $951k.