Council of Science Editors

Analysis

Council of Science Editors is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1966, 60 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, Council of Science Editors reported income of $416k and spending of $541k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $662k to $416k (-37%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Council of Science Editors sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include Committee Against Domestic Violence ($416k), American Dance Asylum Inc ($416k) and Indiana Free Library Incorporated ($416k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 56% of the total. At year end it held assets of $516k against liabilities of $37k, net assets of $479k.