Center for Study of Economics

Analysis

Center for Study of Economics is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Center for Study of Economics reported income of $443k and spending of $132k, leaving 70% of income unspent that year. Across the 6 years on record, from June 2018 to June 2023, income grew from $70k to $443k (+537%), an average of +45% a year. The sharpest change came in the year to June 2023, when income rose by 330%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Study of Economics sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include South Carolina Oncology Society ($443k), The Campaign School Inc ($443k) and Godspeed Equine ($443k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $72k (54% of expenses). At year end it held assets of $770k against liabilities of $2,896, net assets of $767k. It reported 1 employees.