Theosophical Society in America

Analysis

Theosophical Society in America is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in February 1939, 87 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 March 2023, Theosophical Society in America reported income of $2.3m and spending of $3.5m, spending 152% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $2.3m to $2.3m (+1.2%), an average of +0.4% a year. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Theosophical Society in America 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 IL. Charities of a similar size with the same main cause include Northeast Business Group on Health Inc ($2.3m), Valley Transit ($2.3m) and Residential Inc ($2.3m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 69% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $311k (8.9% of expenses). Other salaries and wages came to $1.3m. It paid $2,175 in professional fundraising fees. At year end it held assets of $22.5m against liabilities of $6.7m, net assets of $15.8m. It reported 49 employees.