Student Publications Incorporated

Analysis

Student Publications Incorporated is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in January 1976, 50 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Student Publications Incorporated reported income of $1.2m and spending of $1.3m, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $1.2m (+12%), an average of +2.4% a year. The sharpest change came in the year to June 2021, when income rose by 61%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Student Publications Incorporated sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within IA. Charities of a similar size with the same main cause include Vietnam War Memorial Fund ($1.2m), Northeast Indiana Public Radio Inc ($1.2m) and Kid Smart ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $162k (13% of expenses). Other salaries and wages came to $551k. At year end it held assets of $2.2m against liabilities of $174k, net assets of $2.0m. It reported 64 employees.