American Copy Editors Society Inc

Analysis

American Copy Editors Society Inc is a registered charity in United States, based in Carpentersvle, IL. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, American Copy Editors Society Inc reported income of $851k and spending of $754k, spending 89% of its income. Across the 3 years on record, from December 2019 to June 2023, income grew from $602k to $851k (+41%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Copy Editors Society Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Lake County Cooperative Weed Management Area ($851k), Bentonville Parent Teacher Organization Inc ($852k) and Makor Hebrew Foundation Inc ($851k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $75k (10.0% of expenses). Other salaries and wages came to $229k. At year end it held assets of $1.1m against liabilities of $7,526, net assets of $1.1m. It reported 5 employees.