Philosophy of Science Association

Analysis

Philosophy of Science Association is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in May 1978, 48 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, Philosophy of Science Association reported income of $237k and spending of $166k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $120k to $237k (+97%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 98%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Philosophy of Science Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OH. Charities of a similar size with the same main cause include Firelands Historical Society ($237k), Old Mill Foundation ($237k) and Partnership Inc ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $49k (29% of expenses). Other salaries and wages came to $11k. At year end it held assets of $602k against liabilities of $8,931, net assets of $593k.