Association of Community College Trustees

Analysis

Association of Community College Trustees is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1972, 54 years ago. 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, Association of Community College Trustees reported income of $8.8m and spending of $8.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.6m to $8.8m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of Community College Trustees 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 95th percentile, and in the 86th percentile within DC. Charities of a similar size with the same main cause include Randolph Community Service Inc ($8.8m), Habitat for Humanity International Inc ($8.8m) and Hospice of the Western Reserve Foundation ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $385k (4.6% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $12.7m against liabilities of $5.8m, net assets of $6.8m. It reported 27 employees.