CheckMyDonation

Strategic Management Society Inc

RegisteredEIN 31-1051434Chicago, ILEducation and training
Income$2.4m2023-12
Spending$2.7msame year
Spent / received91%5-year average
Size in its cause83rd pctEducation and training
Exempt since1983Publicly supported organisat
Employees9latest return

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

$0$687k$1.4m$2.1m$2.7m2019 Income: $2,590,7072019 Spending: $2,158,05920192020 Income: $1,501,2062020 Spending: $1,430,03220202021 Income: $1,682,0572021 Spending: $1,361,25720212022 Income: $2,747,4592022 Spending: $2,316,23720222023 Income: $2,370,9852023 Spending: $2,677,6312023
IncomeSpending

Where the income comes from

  • Contributions & grants 0.1%
  • Program services 90%
  • Other 10.0%

Similar-sized charities, same cause

CharityLocationIncome
Regents School of Charlottesville IncCharlottesvle$2.4m
Jewish Education for Girls IncLakewood$2.4m
Island SchoolBainbridge Is$2.4m
Project SyncereChicago$2.4m