The Society for Classical Studies

Analysis

The Society for Classical Studies is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1946, 80 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, The Society for Classical Studies reported income of $1.2m and spending of $1.4m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $1.2m (-6.4%), an average of -1.6% a year. The sharpest change came in the year to June 2022, when income dropped by 18%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Society for Classical Studies sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Black in Ai ($1.2m), Center for Architecture ($1.2m) and American Friends of the Old Citycheder in Jerusalem Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $221k (15% of expenses). Other salaries and wages came to $319k. At year end it held assets of $8.9m against liabilities of $385k, net assets of $8.6m.