Akron Society of Plastics Engineers Educational Foundation

Analysis

Akron Society of Plastics Engineers Educational Foundation is a registered charity in United States, based in North Canton, OH. It received its IRS tax-exemption ruling in June 1983, 43 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Akron Society of Plastics Engineers Educational Foundation reported income of $89k and spending of $15k, leaving 83% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $33k to $89k (+171%), an average of +39% a year. The sharpest change came in the year to June 2024, when income rose by 376%. Over the whole period it spent 37% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Akron Society of Plastics Engineers Educational Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within OH. Charities of a similar size with the same main cause include NMB Area Museum Foundation ($89k), Stained Glass Theatre Mid Missouri ($89k) and American Druze Foundation ($89k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% of the total. At year end it held assets of $721k against liabilities of $0, net assets of $721k.