American Psychological Association

Analysis

American Psychological Association is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1940, 86 years ago. Its declared purposes cover social science, 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 2022, American Psychological Association reported income of $133.0m and spending of $136.6m, spending 103% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $131.8m to $133.0m (+0.9%), an average of +0.2% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Psychological Association sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within DC. Charities of a similar size with the same main cause include Carnegie Institution of Washington ($129.1m), Analytic Services Inc ($133.4m) and Epoch Times Association Inc ($128.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 3.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $7.8m (5.7% of expenses). Other salaries and wages came to $54.2m. At year end it held assets of $259.0m against liabilities of $211.1m, net assets of $47.9m. It reported 629 employees.