Society for Marketing Professional Services Foundation

Analysis

Society for Marketing Professional Services Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Society for Marketing Professional Services Foundation reported income of $113k and spending of $69k, leaving 39% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $77k to $113k (+48%), an average of +48% a year. The sharpest change came in the year to August 2023, when income rose by 48%. Over the whole period it spent 54% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Society for Marketing Professional Services Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within VA. Charities of a similar size with the same main cause include Social Ventures Foundation ($113k), Columbus Compact Corporation ($113k) and Jomar of Zion Inc ($113k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 82% and program service revenue 11% of the total. At year end it held assets of $349k against liabilities of $0, net assets of $349k.