Technical Association of the Pulp & Paper Industry Inc

Analysis

Technical Association of the Pulp & Paper Industry Inc is a registered charity in United States, based in Peachtree Corners, GA. It received its IRS tax-exemption ruling in February 1970, 56 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Technical Association of the Pulp & Paper Industry Inc reported income of $12.1m and spending of $11.4m, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $10.6m to $12.1m (+15%), an average of +3.6% a year. The sharpest change came in the year to August 2023, when income rose by 54%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Technical Association of the Pulp & Paper Industry Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Art Students League of New York ($12.1m), Public Television 19 Inc ($12.2m) and German International School New York ($12.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 8.6% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $611k (5.3% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $28.8m against liabilities of $6.2m, net assets of $22.5m. It reported 48 employees.