The Economic Science Association

Analysis

The Economic Science Association is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in November 1987, 39 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, The Economic Science Association reported income of $496k and spending of $481k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $332k to $496k (+49%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 114%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Economic Science Association sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within AK. Charities of a similar size with the same main cause include Bingham County Senior Citizens Center Inc ($496k), Landons Light Foundation ($496k) and Cathedral of the Pines Foundation ($496k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.9% and program service revenue 90% of the total. At year end it held assets of $402k against liabilities of $0, net assets of $402k.