Strategic Management Society Inc
Analysis
Strategic Management Society Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Strategic Management Society Inc reported income of $2.4m and spending of $2.7m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $2.4m (-8.5%), an average of -2.2% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 91% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Strategic Management Society Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Regents School of Charlottesville Inc ($2.4m), Jewish Education for Girls Inc ($2.4m) and Island School ($2.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $284k (11% of expenses). Other salaries and wages came to $411k. At year end it held assets of $8.8m against liabilities of $0, net assets of $8.8m. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.1%
- Program services 90%
- Other 10.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Regents School of Charlottesville Inc | Charlottesvle | $2.4m |
| Jewish Education for Girls Inc | Lakewood | $2.4m |
| Island School | Bainbridge Is | $2.4m |
| Project Syncere | Chicago | $2.4m |