Society of Plastics Engineers

Analysis

Society of Plastics Engineers is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in May 1945, 81 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 June 2024, Society of Plastics Engineers reported income of $141k and spending of $130k, spending 93% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $39k to $141k (+262%), an average of +54% a year. The sharpest change came in the year to June 2024, when income rose by 73%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society of Plastics Engineers sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Polson Loaves and Fish Pantry Inc ($141k), San Mateo County Fellowship Inc ($141k) and Alliance for the Physically Disabled Inc ($141k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 18% and program service revenue 69% of the total. At year end it held assets of $566k against liabilities of $0, net assets of $566k.