Academy of Political Science

Analysis

Academy of Political Science is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1929, 97 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, Academy of Political Science reported income of $554k and spending of $522k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $694k to $554k (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Academy of Political Science sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Dimond Alumni Foundation ($554k), Care and Share Inc ($554k) and California Transportation Foundation ($553k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 9.2% of the total. Compensation of current officers, directors and key employees was $160k (31% of expenses). Other salaries and wages came to $124k. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m. It reported 4 employees.