Society of Depreciation Professionals

Analysis

Society of Depreciation Professionals is a registered charity in United States, based in Eaton, CO. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Society of Depreciation Professionals reported income of $130k and spending of $170k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $127k to $130k (+2.2%), an average of +2.2% a year. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Society of Depreciation Professionals sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within CO. Charities of a similar size with the same main cause include German Language School of Naperville ($130k), E C S V Real Estate ($130k) and Nazareth Cheerleading Booster Club ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 71% of the total. At year end it held assets of $145k against liabilities of $0, net assets of $145k.