5p Society

Analysis

5p Society is a registered charity in United States, based in Lakewood, CA. It received its IRS tax-exemption ruling in May 1990, 36 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, 5p Society reported income of $179k and spending of $159k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $143k to $179k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 5p Society sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Experience Excellence ($179k), Castleton Festival ($179k) and International Expressive Arts Therapy Association ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 14% of the total. At year end it held assets of $322k against liabilities of $0, net assets of $322k.