Society of American Business Editors and Writers

Analysis

Society of American Business Editors and Writers is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Society of American Business Editors and Writers reported income of $407k and spending of $489k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $444k to $407k (-8.4%), an average of -2.2% a year. Over the whole period it spent 96% 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 of American Business Editors and Writers sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within AZ. Charities of a similar size with the same main cause include Chenango County Historical Society ($407k), 222 Healdsburg Performing Arts ($407k) and Owensboro Museum of Fine Art Inc ($407k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $105k (22% of expenses). Other salaries and wages came to $120k. At year end it held assets of $578k against liabilities of $177k, net assets of $401k. It reported 5 employees.