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Philosophy of Education Society

RegisteredEIN 23-7029889Cleveland, OHArts, culture, heritage and science
Income$59k2024-06
Spending$55ksame year
Spent / received64%2-year average
Size in its cause26th pctArts, culture, heritage and science
Exempt since2018Publicly supported organisat
Employees–latest return

Analysis

Philosophy of Education Society is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in November 2018, 8 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 2024, Philosophy of Education Society reported income of $59k and spending of $55k, spending 93% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $83k to $59k (-29%), an average of -29% a year. The sharpest change came in the year to June 2024, when income dropped by 29%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Philosophy of Education Society sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within OH. Charities of a similar size with the same main cause include Ypsilanti Automotive Heritage Museum ($59k), Shreveport Symphony Guild Inc ($59k) and Cumberland Players ($59k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.7% and program service revenue 62% of the total. At year end it held assets of $364k against liabilities of $0, net assets of $364k.

Income and spending

$0$21k$41k$62k$83k2023 Income: $82,7322023 Spending: $35,10420232024 Income: $59,0322024 Spending: $54,9732024
IncomeSpending

Where the income comes from

  • Contributions & grants 1.7%
  • Program services 62%
  • Other 36%

Similar-sized charities, same cause

CharityLocationIncome
Ypsilanti Automotive Heritage MuseumYpsilanti$59k
Shreveport Symphony Guild IncShreveport$59k
Cumberland PlayersVineland$59k
Powermark CorporationPort St Lucie$59k