Science Policy Institute Inc

Analysis

Science Policy Institute Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 December 2023, Science Policy Institute Inc reported income of $74k and spending of $45k, leaving 39% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $670 to $74k (+10881%), an average of +379% a year. The sharpest change came in the year to December 2021, when income rose by 3127%. Over the whole period it spent 131% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Science Policy Institute Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Farpoint Foundation ($74k), Skylark Opera ($74k) and The Community Arts Institute Inc ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.