Association of Community College Business Officials

Analysis

Association of Community College Business Officials is a registered charity in United States, based in Gastonia, NC. It received its IRS tax-exemption ruling in March 2004, 22 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 December 2023, Association of Community College Business Officials reported income of $229k and spending of $185k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $182k to $229k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. 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, Association of Community College Business Officials sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Purpose Focused Alternative Learning ($229k), Big Sur Park School Inc ($229k) and Classroom in Bloom ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% and program service revenue 91% of the total. At year end it held assets of $170k against liabilities of $0, net assets of $170k.