Association of Catholic Colleges and Universities

Analysis

Association of Catholic Colleges and Universities is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending June 2023, Association of Catholic Colleges and Universities reported income of $2.6m and spending of $2.4m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.6m (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of Catholic Colleges and Universities sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 71st percentile within DC. Charities of a similar size with the same main cause include Miracle Camp and Retreat Center Incorporated ($2.6m), Antonine Village ($2.6m) and Childrens Development Academy Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $329k (14% of expenses). Other salaries and wages came to $607k. At year end it held assets of $5.7m against liabilities of $3.1m, net assets of $2.6m. It reported 9 employees.