United States Stamp Society

Analysis

United States Stamp Society is a registered charity in United States, based in Northbrook, IL. It received its IRS tax-exemption ruling in May 1951, 75 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, United States Stamp Society reported income of $78k and spending of $103k, spending 133% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $117k to $78k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, United States Stamp Society sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Physical Theater Festival Incorporated ($78k), Delaware Currents Inc ($78k) and Ballet Education & Scholarship Fund ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 17% of the total. At year end it held assets of $378k against liabilities of $32k, net assets of $346k.