Society for Personality and Social Psychology Inc

Analysis

Society for Personality and Social Psychology Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 1976, 50 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 December 2023, Society for Personality and Social Psychology Inc reported income of $2.8m and spending of $3.1m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.4m to $2.8m (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2021, when income dropped by 39%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society for Personality and Social Psychology Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 72nd percentile within DC. Charities of a similar size with the same main cause include St Francis House of Sioux Falls ($2.8m), Parkinson & Movement Disorder Alliance ($2.9m) and Walking with Purpose Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $202k (6.4% of expenses). Other salaries and wages came to $581k. At year end it held assets of $6.3m against liabilities of $1.3m, net assets of $4.9m. It reported 10 employees.