Society for Technical Communication

Analysis

Society for Technical Communication is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in December 1961, 65 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 December 2022, Society for Technical Communication reported income of $1.2m and spending of $1.5m, spending 123% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.8m to $1.2m (-32%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society for Technical Communication sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Isle Au Haut Boat Services ($1.2m), The Greeley Dream Team Incorporated ($1.2m) and Miami Valley Warhawks Baseball Club Inc ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 92% of the total. Compensation of current officers, directors and key employees was $177k (12% of expenses). Other salaries and wages came to $130k. At year end it held assets of $600k against liabilities of $1.3m, net assets of -$726k. It reported 3 employees.