Association of American Universities

Analysis

Association of American Universities is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Association of American Universities reported income of $10.9m and spending of $10.8m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.8m to $10.9m (+24%), an average of +5.4% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association of American Universities sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 88th percentile within DC. Charities of a similar size with the same main cause include Bpe Inc ($10.9m), University of Maryland Neurosurgery Associates P a ($10.9m) and Chicago Jewish Day School ($10.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $2.9m (27% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $22.1m against liabilities of $15.2m, net assets of $6.9m. It reported 44 employees.