Allan Hancock College Auxiliary Programs Corporation

Analysis

Allan Hancock College Auxiliary Programs Corporation is a registered charity in United States, based in Santa Maria, CA. It received its IRS tax-exemption ruling in July 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Allan Hancock College Auxiliary Programs Corporation reported income of $5.8m and spending of $5.4m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $5.8m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2022, when income rose by 45%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Allan Hancock College Auxiliary Programs Corporation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Lincoln Park Academy Inc ($5.8m), Merit Preparatory Academy ($5.8m) and Charthouse Public Schools ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 23% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $4.6m against liabilities of $581k, net assets of $4.0m. It reported 110 employees.