American College Credit Scholars in

Analysis

American College Credit Scholars in is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2016, 10 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, American College Credit Scholars in reported income of $450k and spending of $385k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $255k to $450k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American College Credit Scholars in sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 42nd percentile within DC. Charities of a similar size with the same main cause include Desert Community College District Auxiliary Services ($450k), Avela - a Vision for Engineering Literacy & Access ($450k) and Pipe Creek Christian School Incorporated ($450k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $143k (37% of expenses). Other salaries and wages came to $117k. At year end it held assets of $298k against liabilities of $154k, net assets of $144k. It reported 3 employees.