Charity Search / AMERICAN ASSOCIATION OF STATE COLLEGES AND UNIVERSITIES
Education (B40C) 990 on File

AMERICAN ASSOCIATION OF STATE COLLEGES AND UNIVERSITIES

EIN: 52-0747578 · WASHINGTON, DC 20005-3359 · United States · FY 2023 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 96/100
Reliability (20%) 55/100
Effectiveness (25%) 85/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$24.2M
Total Revenue
$14.3M
Total Expenses
$34.2M
Net Assets
41
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 83.5%
Fundraising Efficiency N/A
Operating Reserve 28.75x
Liability-to-Asset 18.4%
Revenue Diversification 57.8%
Executive Compensation $2.3M
Compared with Peers
FY 2023
Compared with 3,578 similar organizations (United States, Education, $10M–$100M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
83.5% 84.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
14.2% 13.5%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
2.3% 0.7%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
28.8 mo 10.9 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
18.4% 34.2%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
57.8% 87.3%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
112.5% 4.8%
P10P90
Expense growth
Year over year expense growth
16.0% 8.5%
P10P90
Surplus margin
Surplus as a share of revenue
40.9% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $24.2M $14.3M $34.2M 83.5% 41
2022 $11.4M $12.3M $22.8M 85.0% 40
2021 $11.5M $11.7M N/A 41
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Organization Details
EIN
52-0747578
State
DC
City
WASHINGTON
ZIP
20005-3359
Classification
B40C
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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