United States-Philippines Society Inc

Analysis

United States-Philippines Society Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, United States-Philippines Society Inc reported income of $547k and spending of $417k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $681k to $547k (-20%), an average of -5.3% a year. The sharpest change came in the year to June 2021, when income rose by 85%. Over the whole period it spent 115% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, United States-Philippines Society Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 45th percentile within DC. Charities of a similar size with the same main cause include Judson Center Foundation ($547k), Libbies Place ($547k) and Chanku Waste Ranch ($547k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $158k (38% of expenses). Other salaries and wages came to $60k. At year end it held assets of $475k against liabilities of $99k, net assets of $376k. It reported 3 employees.