American Indian Higher Education Consortium

Analysis

American Indian Higher Education Consortium is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in January 1975, 51 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 September 2023, American Indian Higher Education Consortium reported income of $8.5m and spending of $9.9m, spending 116% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.0m to $8.5m (+42%), an average of +9.1% a year. The sharpest change came in the year to September 2021, when income rose by 426%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Indian Higher Education Consortium sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include Bok Tower Gardens Inc ($8.5m), Old Dominion Athletic Foundation ($8.5m) and HRH Management Corporation ($8.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $664k (6.7% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $28.9m against liabilities of $3.8m, net assets of $25.1m. It reported 24 employees.