Society for Research on Adolescence

Analysis

Society for Research on Adolescence is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in August 2014, 12 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 June 2023, Society for Research on Adolescence reported income of $612k and spending of $829k, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $311k to $612k (+97%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society for Research on Adolescence sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include African American Resources Cultural and Heritage Society ($612k), Historic Bethel Baptist Church Community Restoration Fund ($612k) and Stoneham Community Access Inc ($612k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 95% of the total. At year end it held assets of $2.2m against liabilities of $307k, net assets of $1.9m.