American Philosophical Association Inc

Analysis

American Philosophical Association Inc is a registered charity in United States, based in Newark, DE. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2024, American Philosophical Association Inc reported income of $1.8m and spending of $1.8m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $1.8m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2024, when income rose by 28%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Philosophical Association Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within DE. Charities of a similar size with the same main cause include Pathways to Healing ($1.8m), Womens Guild Cedars Sinai Medicial Center ($1.8m) and Jewish Residential Services Inc ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $316k (17% of expenses). Other salaries and wages came to $334k. At year end it held assets of $7.8m against liabilities of $878k, net assets of $7.0m.