American Academy of Political and Social Science

Analysis

American Academy of Political and Social Science is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 1938, 88 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Academy of Political and Social Science reported income of $686k and spending of $616k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $677k to $686k (+1.3%), an average of +0.3% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 100% 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 Academy of Political and Social Science sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Velocity Dance Center ($686k), Ispace Inc ($686k) and Young Philosophers Society Inc ($686k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.2% and program service revenue 66% of the total. At year end it held assets of $4.9m against liabilities of $76k, net assets of $4.8m.