Council for Advancement and Support of Education

Analysis

Council for Advancement and Support of Education is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1978, 48 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, Council for Advancement and Support of Education reported income of $27.5m and spending of $31.7m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $24.5m to $27.5m (+12%), an average of +3.0% a year. The sharpest change came in the year to June 2021, when income dropped by 41%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Council for Advancement and Support of Education sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 95th percentile within DC. Charities of a similar size with the same main cause include Copper River Native Association ($27.5m), St Francis Community Health Services ($27.5m) and Tri County Community Health Council Inc ($27.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $2.9m (9.3% of expenses). Other salaries and wages came to $8.4m. At year end it held assets of $41.6m against liabilities of $23.9m, net assets of $17.8m. It reported 111 employees.