Council of Graduate Schools

Analysis

Council of Graduate Schools is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2000, 26 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 December 2023, Council of Graduate Schools reported income of $5.8m and spending of $6.4m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.8m to $5.8m (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. 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, Council of Graduate Schools sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 81st percentile within DC. Charities of a similar size with the same main cause include Merit Preparatory Academy ($5.8m), New Dimensions - a Public Charter School ($5.8m) and Allan Hancock College Auxiliary Programs Corporation ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $1.4m (22% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $17.1m against liabilities of $4.5m, net assets of $12.6m. It reported 25 employees.