Washington State Association of College Trustees

Analysis

Washington State Association of College Trustees is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in February 1998, 28 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 June 2024, Washington State Association of College Trustees reported income of $226k and spending of $243k, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $209k to $226k (+8.1%), an average of +2.0% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Washington State Association of College Trustees sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within WA. Charities of a similar size with the same main cause include Beta Psi Foundation Inc ($226k), California Christian Education Endowment Foundation Inc ($226k) and Ganeinu ($226k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $52k against liabilities of $1,348, net assets of $50k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.