American Society for Psychical Research Inc

Analysis

American Society for Psychical Research Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1942, 84 years ago. Its declared purposes cover social science, 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, American Society for Psychical Research Inc reported income of $4.2m and spending of $468k, leaving 89% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $31k to $4.2m (+13151%), an average of +239% a year. The sharpest change came in the year to December 2022, when income rose by 38173%. Over the whole period it spent 45% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Society for Psychical Research Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Festivals for Good Corporation ($4.2m), First Stage Milwaukee Inc Performing Arts Center ($4.2m) and Memphis Museums Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $181k (39% of expenses). Other salaries and wages came to $37k. At year end it held assets of $3.6m against liabilities of $955k, net assets of $2.6m. It reported 2 employees.