Econometric Society Inc

Analysis

Econometric Society Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in June 2015, 11 years ago. 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, Econometric Society Inc reported income of $2.8m and spending of $2.3m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.8m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Econometric Society Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within CT. Charities of a similar size with the same main cause include Outstanding Renewal Enterprises Inc ($2.8m), Minn-Iowa Christian Broadcasting Inc ($2.8m) and The Glass-Glen Burnie Foundation ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $304k (13% of expenses). Other salaries and wages came to $149k. At year end it held assets of $6.6m against liabilities of $971k, net assets of $5.7m.