Philosophers Information Center
Analysis
Philosophers Information Center is a registered charity in United States, based in Bowling Green, OH. It received its IRS tax-exemption ruling in January 1969, 57 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Philosophers Information Center reported income of $2.2m and spending of $2.0m, spending 91% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.2m to $2.2m (+1.6%), an average of +0.3% a year. Over the whole period it spent 88% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Philosophers Information Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Williamsburg Soccer Club ($2.2m), Business Volunteers Unlimited ($2.2m) and Vennevoll Inc ($2.2m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.2m (61% of expenses). Other salaries and wages came to $347k. At year end it held assets of $6.9m against liabilities of $0, net assets of $6.9m. It reported 8 employees.
Income and spending
Where the income comes from
- Program services 91%
- Other 9.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Williamsburg Soccer Club | Williamsburg | $2.2m |
| Business Volunteers Unlimited | Cleveland | $2.2m |
| Vennevoll Inc | Stoughton | $2.2m |
| Beth Israel Foundation for the Aged | Aurora | $2.2m |