Philosophy Education Society Inc

Analysis

Philosophy Education Society Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 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, Philosophy Education Society Inc reported income of $70k and spending of $53k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $70k (+12%), an average of +12% a year. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Philosophy Education Society Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 14th percentile within DC. Charities of a similar size with the same main cause include Coordinating Council of Broward Inc ($70k), Playhousesquare District Development Corporation ($70k) and Arcos Foundation for the Arts Inc ($70k).

At year end it held assets of $271k against liabilities of $4,902, net assets of $266k.