International Microelectronics and Packaging Society

Analysis

International Microelectronics and Packaging Society is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in January 1993, 33 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 June 2023, International Microelectronics and Packaging Society reported income of $1.7m and spending of $1.2m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.7m (+9.7%), an average of +2.4% a year. The sharpest change came in the year to June 2022, when income rose by 128%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Microelectronics and Packaging Society sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Rio Grande Community Development Corporation ($1.7m), Mystic River Homes Inc ($1.7m) and New England Electric Railway Historical Society ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 81% of the total. Other salaries and wages came to $125k. At year end it held assets of $2.2m against liabilities of $499k, net assets of $1.7m. It reported 1 employees.