John Updike Society

Analysis

John Updike Society is a registered charity in United States, based in Bloomington, IL. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, John Updike Society reported income of $159k and spending of $109k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $191k to $159k (-16%), an average of -4.4% a year. The sharpest change came in the year to December 2020, when income dropped by 70%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, John Updike Society sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Election Integrity Project California Inc ($159k), Colorado Prosthodontic Society ($159k) and Oak Trails School Inc ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.3% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.