Society for Financial Awareness

Analysis

Society for Financial Awareness is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Society for Financial Awareness reported income of $417k and spending of $447k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $537k to $417k (-22%), an average of -6.1% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society for Financial Awareness sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Carnegie Visual Arts Center Inc ($417k), National Woodland Owners Association Inc ($417k) and Lakota Communications Inc ($417k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 81% of the total. Compensation of current officers, directors and key employees was $101k (23% of expenses). Other salaries and wages came to $121k. At year end it held assets of $1.9m against liabilities of $22k, net assets of $1.8m. It reported 7 employees.