American Society of Papyrologists

Analysis

American Society of Papyrologists is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in April 1964, 62 years ago. 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, American Society of Papyrologists reported income of $121k and spending of $5,982, leaving 95% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $77k to $121k (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 20% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Society of Papyrologists sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Tallahassee Bach Parley Inc ($121k), Friends of the Temecula Library ($121k) and Greenwood PTA Seattle Council ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 8.2% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.