- Exempt under
- 501(c)(3)[1]
- IRS ruling date
- June 1942[2]
- Publication 78 data
- Listed (PC)[3]
- Total revenue, period ending Dec 2024
- $1,174,989,530[4]
College Board is listed in IRS records in New York, New York, as exempt under section 501(c)(3), classification Educational Organization[5][1]. The IRS master file lists total revenue of $1,174,989,530 for the tax period ending December 2024[4].
IRS status
The IRS lists College Board as exempt under section 501(c)(3), classification: Educational Organization[1]. Its IRS foundation code is 16, described as an organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes 509(a)(2)[6]. It appears in IRS Publication 78 data with status code PC, a public charity, with deductibility limitation 50% (60% for cash contributions)[3].
| Item | IRS record |
|---|---|
| EIN[5] | 13-1623965 |
| Location in IRS records[5] | New York, New York |
| Exempt under[1] | Section 501(c)(3) |
| IRS classification[1] | Educational Organization |
| Ruling date[2] | June 1942 |
| Foundation code[6] | 16: Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes 509(a)(2) |
| Deductibility code[7] | 1: Contributions are deductible |
| Publication 78 data[3] | Listed, status PC |
| NTEE code[8] | B900: Education, Educational Services and Schools - Other |
| Filing requirement[9] | 990 (all other) or 990EZ return |
| Fiscal year ends[10] | December |
| Latest e-filed return[11] | Form 990, tax period ending December 2024 |
Finances as reported to the IRS
On its Form 990 for the tax period ending December 2023, College Board reported total revenue of $1,019,073,270[12]. Program service revenue was $955,886,984 on Part VIII, line 2g[13]. Total expenses were $973,652,927 on the same form and period[12]. Net assets or fund balances at year end were $1,735,260,515[12]. Its Form 990 for the tax period ending December 2022 reported total revenue of $1,040,203,098, which was higher than the total for the period ending December 2023[14][12]. Its Form 990 for the tax period ending December 2021 reported total revenue of $983,201,971[15].
IRS master file, newer period. For the most recent return in the IRS master file, for the tax period ending December 2024, the IRS lists total revenue of $1,174,989,530 and total assets of $2,443,183,190.[4]
- Total revenue
- Total expenses
| Tax period ending | Form | Total revenue | Total expenses | Net assets at year end |
|---|---|---|---|---|
| December 2021[15] | Form 990 | $983,201,971 | $870,784,495 | $1,667,567,973 |
| December 2022[14] | Form 990 | $1,040,203,098 | $894,366,567 | $1,555,560,125 |
| December 2023[12] | Form 990 | $1,019,073,270 | $973,652,927 | $1,735,260,515 |
Totals as reported on each return. The IRS publishes these extracts one to two years after filing.
Balance sheet, tax period ending December 2023
| Line | Amount |
|---|---|
| Total assets[16] | $2,184,378,917 |
| Total liabilities[16] | $449,118,402 |
| Net assets or fund balances[16] | $1,735,260,515 |
Employees. College Board reported 1,946 employees on Form W-3 for calendar year ending with or within the tax period ending December 2023 (Form 990, Part V, line 2a).[17]
Compensation over $100,000. On the Form 990 for the tax period ending December 2023, College Board reported 1,381 individuals who received more than $100,000 of reportable compensation from the organization (Part VII, line 2).[18]
Form 990 checklist. In the Form 990 checklist (Part IV) for the tax period ending December 2023, College Board answered yes to: it engaged in lobbying activities.[19]
Questions people ask
- What is the EIN of College Board?
- The IRS master file lists College Board with EIN 13-1623965[5].
- Is College Board a 501(c)(3) nonprofit?
- The IRS lists College Board as exempt under section 501(c)(3), classification: Educational Organization[1].
- Are contributions to College Board tax-deductible?
- The IRS deductibility code 1 reads: Contributions are deductible[7]. Publication 78 lists it with status code PC, a public charity, with deductibility limitation 50% (60% for cash contributions)[3].
- Where is College Board located?
- The IRS master file lists College Board in New York, New York[5].
Facts and sources
- The IRS lists College Board as exempt under section 501(c)(3) of the Internal Revenue Code, classification: Educational Organization. IRS EO Business Master File
- The ruling date in the IRS master file (the month and year of the IRS letter recognizing the exemption) is June 1942. IRS EO Business Master File
- College Board (EIN 13-1623965) appears in the IRS Publication 78 data, the list of organizations eligible to receive tax-deductible charitable contributions, with status code PC (A public charity, deductibility limitation 50% (60% for cash contributions)). IRS Tax Exempt Organization Search data
- For the most recent return in the IRS master file, for the tax period ending December 2024, the IRS lists total revenue of $1,174,989,530 and total assets of $2,443,183,190. IRS EO Business Master File
- The IRS Exempt Organizations Business Master File lists College Board with employer identification number (EIN) 13-1623965, located in New York, New York. IRS EO Business Master File
- IRS foundation code 16 for College Board: Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt... IRS EO Business Master File
- IRS deductibility code 1 for College Board: Contributions are deductible. IRS EO Business Master File
- The IRS master file assigns College Board the National Taxonomy of Exempt Entities (NTEE) code B900: Education, Educational Services and Schools - Other. IRS EO Business Master File
- IRS filing requirement code 01 for College Board: 990 (all other) or 990EZ return. IRS EO Business Master File
- College Board's accounting period (fiscal year) ends in December, according to the IRS master file. IRS EO Business Master File
- The IRS Form 990 series e-file data released in 2025 includes a Form 990 from College Board for the tax period ending December 2024. IRS Form 990 e-file data
- On its Form 990 for the tax period ending December 2023, College Board reported total revenue $1,019,073,270, total expenses $973,652,927, net assets or fund balances at year end $1,735,260,515. IRS SOI Form 990 extracts
- Revenue lines on the Form 990 for the tax period ending December 2023: contributions, gifts and grants $4,578,594 (Part VIII, line 1h); program service revenue $955,886,984 (Part VIII, line 2g); investment income $31,283,958 (Part VIII, line 3); total revenue $1,019,073,270 (Part VIII, line 12). IRS SOI Form 990 extracts
- On its Form 990 for the tax period ending December 2022, College Board reported total revenue $1,040,203,098, total expenses $894,366,567, net assets or fund balances at year end $1,555,560,125. IRS SOI Form 990 extracts
- On its Form 990 for the tax period ending December 2021, College Board reported total revenue $983,201,971, total expenses $870,784,495, net assets or fund balances at year end $1,667,567,973. IRS SOI Form 990 extracts
- Balance sheet at the end of the tax period ending December 2023 (Form 990, Part X): total assets $2,184,378,917, total liabilities $449,118,402, net assets or fund balances $1,735,260,515. IRS SOI Form 990 extracts
- College Board reported 1,946 employees on Form W-3 for calendar year ending with or within the tax period ending December 2023 (Form 990, Part V, line 2a). IRS SOI Form 990 extracts
- On the Form 990 for the tax period ending December 2023, College Board reported 1,381 individuals who received more than $100,000 of reportable compensation from the organization (Part VII, line 2). IRS SOI Form 990 extracts
- In the Form 990 checklist (Part IV) for the tax period ending December 2023, College Board answered yes to: it engaged in lobbying activities. IRS SOI Form 990 extracts