Studies in Philology Incorporated

Analysis

Studies in Philology Incorporated is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Studies in Philology Incorporated reported income of $82k and spending of $104k, spending 127% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income fell from $89k to $82k (-7.1%), an average of -2.4% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Studies in Philology Incorporated sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include Thayer County Health Services Guild Inc ($82k), Foundation for Radiologist Education and Science at Harbor ($82k) and Initiative for Jewish Education ($82k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 82% of the total. At year end it held assets of $616k against liabilities of $3,988, net assets of $612k.