Society for the Psychological Study of Social Issues

Analysis

Society for the Psychological Study of Social Issues is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1966, 60 years ago. 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 for the Psychological Study of Social Issues reported income of $994k and spending of $910k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $947k to $994k (+5.0%), an average of +1.2% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society for the Psychological Study of Social Issues sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 54th percentile within DC. Charities of a similar size with the same main cause include Sons of Italy Foundation ($994k), Catskill Regional Medical Center Foundation Inc ($995k) and National Church Residences of Brighton Heights Pennsylvania ($994k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.9% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $153k (17% of expenses). Other salaries and wages came to $142k. At year end it held assets of $6.6m against liabilities of $32k, net assets of $6.6m. It reported 4 employees.