Midwest Sociological Society Inc

Analysis

Midwest Sociological Society Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in June 1964, 62 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 August 2023, Midwest Sociological Society Inc reported income of $404k and spending of $379k, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $457k to $404k (-12%), an average of -3.0% a year. The sharpest change came in the year to August 2021, when income rose by 31%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Midwest Sociological Society Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NE. Charities of a similar size with the same main cause include Alliance for Community Development of the San Francisco Bay Area ($404k), Miracle House Foundation ($404k) and Southern Museum of Flight FDN Inc ($404k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.1% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $86k (23% of expenses). At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.