Software in the Public Interest Inc

Analysis

Software in the Public Interest Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Software in the Public Interest Inc reported income of $463k and spending of $730k, spending 158% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $970k to $463k (-52%), an average of -17% a year. The sharpest change came in the year to December 2021, when income dropped by 28%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Software in the Public Interest Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Clare Rose Foundation Center for Creative Youth Development ($463k), American Federation for Medical Research ($463k) and Collaborative Research & Designs for Agriculture ($463k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 1.8% of the total. At year end it held assets of $2.9m against liabilities of $113k, net assets of $2.7m.