Copyright Society of the USA

Analysis

Copyright Society of the USA is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1954, 72 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 September 2023, Copyright Society of the USA reported income of $889k and spending of $1.0m, spending 117% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $667k to $889k (+33%), an average of +7.4% a year. The sharpest change came in the year to September 2023, when income rose by 32%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Copyright Society of the USA sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($888k), Bradley Henry Barnes & Leila Barnes Memorial TR ($889k) and Cardinal McIntyre Fund for Charity ($888k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $135k (13% of expenses). Other salaries and wages came to $136k. At year end it held assets of $868k against liabilities of $417k, net assets of $451k. It reported 3 employees.