Forest Products Society

Analysis

Forest Products Society is a registered charity in United States, based in Ruston, LA. It received its IRS tax-exemption ruling in February 1949, 77 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Forest Products Society reported income of $423k and spending of $335k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2018 to December 2023, income fell from $788k to $423k (-46%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Forest Products Society 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 67th percentile within LA. Charities of a similar size with the same main cause include Little Theatre of Shreveport ($423k), Sweet Pea a Festival of the Arts ($423k) and Denver Turnverein Inc ($422k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.1% and program service revenue 57% of the total. At year end it held assets of $1.8m against liabilities of $77k, net assets of $1.8m.