Association for Women in Psychology

Analysis

Association for Women in Psychology is a registered charity in United States, based in Weatogue, CT. It received its IRS tax-exemption ruling in January 1988, 38 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Association for Women in Psychology reported income of $61k and spending of $123k, spending 201% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $61k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 149% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Association for Women in Psychology sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within CT. Charities of a similar size with the same main cause include St Francisville Area Foundation Inc ($61k), Nashville Catholic Business Womens League Inc ($61k) and Christian County Agricultural Extension Foundation Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.0% and program service revenue 61% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.