Society for Scholarly Publishing

Analysis

Society for Scholarly Publishing is a registered charity in United States, based in Mount Laurel, NJ. It received its IRS tax-exemption ruling in April 1979, 47 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Society for Scholarly Publishing reported income of $1.4m and spending of $1.3m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.4m (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Society for Scholarly Publishing sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include The Schultz Center for Teaching and Leadership Inc ($1.4m), Homer F and Marian G Broome Family Foundation ($1.4m) and Reach Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $191k (15% of expenses). Other salaries and wages came to $151k. At year end it held assets of $2.1m against liabilities of $405k, net assets of $1.7m. It reported 5 employees.