Society for the Study of Social Problems

Analysis

Society for the Study of Social Problems is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in January 1973, 53 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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, Society for the Study of Social Problems reported income of $523k and spending of $693k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $642k to $523k (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 113% 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 the Study of Social Problems sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within TN. Charities of a similar size with the same main cause include The Marathon Community Theatre Inc ($523k), Charles River Museum of Industry and Innovation Inc ($523k) and American Helicopter Museum & Education Center Inc ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $201k (29% of expenses). Other salaries and wages came to $213k. At year end it held assets of $1.0m against liabilities of $129k, net assets of $896k.