Society of American Foresters

Analysis

Society of American Foresters is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1972, 54 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2022, Society of American Foresters reported income of $4.2m and spending of $4.5m, spending 109% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $3.1m to $4.2m (+35%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Society of American Foresters sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 78th percentile within DC. Charities of a similar size with the same main cause include Him for Her Inc ($4.2m), Chicago Cares Inc ($4.2m) and Prospera Initiatives Inc ($4.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 7.8% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $365k (8.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $24.1m against liabilities of $2.6m, net assets of $21.5m. It reported 31 employees.