Association for Social Economics

Analysis

Association for Social Economics is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in March 1947, 79 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 December 2023, Association for Social Economics reported income of $99k and spending of $42k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $103k to $99k (-4.1%), an average of -4.1% a year. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association for Social Economics sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Little League Baseball Inc ($99k), Connecticut Association of Latin Americans in Higher Education Inc ($99k) and Soccer Assoc for Youth ($99k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 90% of the total. Compensation of current officers, directors and key employees was $8,000 (19% of expenses). At year end it held assets of $554k against liabilities of $0, net assets of $554k.