San Antonio Cpa Continuing Education Foundation

Analysis

San Antonio Cpa Continuing Education Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in May 1978, 48 years ago. 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 May 2023, San Antonio Cpa Continuing Education Foundation reported income of $305k and spending of $290k, spending 95% of its income. Across the 4 years on record, from May 2019 to May 2023, income fell from $504k to $305k (-39%), an average of -15% a year. The sharpest change came in the year to May 2021, when income dropped by 30%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Antonio Cpa Continuing Education Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Granville Foundation ($305k), Fiftieth Anniversary Scholarship Fund ($305k) and Northwest Museum of Arts & Culture Foundation ($305k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Other salaries and wages came to $62k. At year end it held assets of $608k against liabilities of $29k, net assets of $579k. It reported 2 employees.