Associated Students Inc

Analysis

Associated Students Inc is a registered charity in United States, based in San Luis Obispo, CA. It received its IRS tax-exemption ruling in April 1947, 79 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 2023, Associated Students Inc reported income of $21.6m and spending of $20.1m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.2m to $21.6m (+13%), an average of +3.1% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Associated Students Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Nashoba Learning Group Inc ($21.6m), San Francisco Friends School ($21.7m) and Blue Mountain Christian University ($21.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $270k (1.3% of expenses). Other salaries and wages came to $7.3m. At year end it held assets of $12.7m against liabilities of $5.2m, net assets of $7.5m. It reported 803 employees.