California Association of Student Financial Aid Administrators

Analysis

California Association of Student Financial Aid Administrators is a registered charity in United States, based in Oceanside, CA. It received its IRS tax-exemption ruling in September 1982, 44 years ago. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, California Association of Student Financial Aid Administrators reported income of $471k and spending of $460k, spending 98% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $219k to $471k (+115%), an average of +21% a year. The sharpest change came in the year to March 2024, when income rose by 111%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, California Association of Student Financial Aid Administrators sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Peoria Ballet Co ($471k), Central Mediation Center ($471k) and Montgomery Youth Sports Association Inc ($471k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 18% and program service revenue 64% of the total. At year end it held assets of $873k against liabilities of $4,065, net assets of $869k.