California Association of Colleges of Nursing

Analysis

California Association of Colleges of Nursing is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in May 2022, 4 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 September 2023, California Association of Colleges of Nursing reported income of $51k and spending of $96k, spending 187% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $173k to $51k (-70%), an average of -70% a year. The sharpest change came in the year to September 2023, when income dropped by 70%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California Association of Colleges of Nursing sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Covenant Endowment Fund ($51k), PTA California Congress of Parents Teachers & Students Inc ($51k) and Kiski Area Education Foundation Inc ($51k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 73% of the total. At year end it held assets of $117k against liabilities of $1,917, net assets of $116k.