Foundation for the Advancement of Psychology in Management

Analysis

Foundation for the Advancement of Psychology in Management is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation for the Advancement of Psychology in Management reported income of $211k and spending of $22k, leaving 90% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $483k to $211k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 3.5% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Foundation for the Advancement of Psychology in Management sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Allegheny Riverstone Center for the Arts ($211k), Teatro de LA Luna -The Moon Theatre ($212k) and Legacy Theatre Inc NFP ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $903k against liabilities of $0, net assets of $903k.