Journal of Philosophy Inc

Analysis

Journal of Philosophy Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1942, 84 years ago. Its declared purposes cover arts, culture and humanities, 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 September 2023, Journal of Philosophy Inc reported income of $365k and spending of $309k, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $591k to $365k (-38%), an average of -11% a year. The sharpest change came in the year to September 2021, when income rose by 148%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Journal of Philosophy Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Ai LA Community Inc ($365k), Oldham Co Historical Society Inc ($365k) and Dawa - Diversity Awareness and Wellness in Action ($365k).

Other salaries and wages came to $170k. At year end it held assets of $2.3m against liabilities of $7,162, net assets of $2.3m.