Policy Studies Organization

Analysis

Policy Studies Organization is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in February 1973, 53 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Policy Studies Organization reported income of $1.0m and spending of $1.5m, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.0m (-7.5%), an average of -1.9% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Policy Studies Organization 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 80th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Robinson Emergency Medical Service Inc ($1.0m), Mill Ridge Commons ($1.0m) and Mid-Florida Housing Partnership Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $120k (7.9% of expenses). Other salaries and wages came to $488k. At year end it held assets of $341k against liabilities of $996k, net assets of -$656k. It reported 6 employees.