Phycological Society of America Inc

Analysis

Phycological Society of America Inc is a registered charity in United States, based in Lutherville, MD. It received its IRS tax-exemption ruling in November 1963, 63 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, Phycological Society of America Inc reported income of $366k and spending of $390k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $349k to $366k (+4.8%), an average of +1.2% a year. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Phycological Society of America Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include Veterans Advocacy Alliance Inc ($366k), Scott County Historical Society Inc ($366k) and Pacific Coast Khalsa Diwan Society ($366k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.2% and program service revenue 75% of the total. At year end it held assets of $3.5m against liabilities of $0, net assets of $3.5m.