Association of Catholic Student Councils

Analysis

Association of Catholic Student Councils is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in June 1989, 37 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 December 2023, Association of Catholic Student Councils reported income of $475k and spending of $478k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $656k to $475k (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of Catholic Student Councils sits at the 68th percentile: it is larger than about 68% 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 Mount Baker Community Club ($475k), Family Career and Community Leaders of America Inc ($475k) and Risd Excellence in Education Foundation Inc ($475k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $134k (28% of expenses). Other salaries and wages came to $91k. It paid $6,000 in professional fundraising fees. At year end it held assets of $55k against liabilities of $1,441, net assets of $54k. It reported 3 employees.

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.