History of Science Society Inc
Analysis
History of Science Society Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1944, 82 years ago. 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 June 2023, History of Science Society Inc reported income of $617k and spending of $877k, spending 142% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $617k (-40%), an average of -12% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 103% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, History of Science Society Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 47th percentile within DC. Charities of a similar size with the same main cause include Validation Training Institute Incorporated ($617k), Bright School Pre-School for the Hearing Impaired ($617k) and Schwaben Athletic Club ($617k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $169k (19% of expenses). Other salaries and wages came to $155k. At year end it held assets of $4.1m against liabilities of $111k, net assets of $4.0m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 37%
- Program services 41%
- Other 22%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Validation Training Institute Incorporated | Pleasant Hill | $617k |
| Bright School Pre-School for the Hearing Impaired | Metairie | $617k |
| Schwaben Athletic Club | Prairie View | $617k |
| Entrepreneurs Organization | Broomall | $617k |