American Association of Colleges and Universities

Analysis

American Association of Colleges and Universities is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, American Association of Colleges and Universities reported income of $15.1m and spending of $14.8m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.7m to $15.1m (+2.3%), an average of +0.6% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Association of Colleges and Universities sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 91st percentile within DC. Charities of a similar size with the same main cause include College for Certain Inc ($15.0m), Sinquefield Center for Research Inc ($15.1m) and Day School ($15.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $1.0m (6.9% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $21.7m against liabilities of $5.2m, net assets of $16.4m. It reported 62 employees.