Associated Students of the California Maritime Academy

Analysis

Associated Students of the California Maritime Academy is a registered charity in United States, based in Vallejo, CA. It received its IRS tax-exemption ruling in September 1966, 60 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 June 2023, Associated Students of the California Maritime Academy reported income of $155k and spending of $185k, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $233k to $155k (-33%), an average of -9.6% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Associated Students of the California Maritime Academy sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include American Institute of Architects Scholarship Fund ($155k), United States Masters Swimming Inc ($155k) and Naval Intelligence Professionals ($155k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $27k (15% of expenses). At year end it held assets of $129k against liabilities of $106, net assets of $129k.