Poultry Science Association Inc

Analysis

Poultry Science Association Inc is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in July 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Poultry Science Association Inc reported income of $2.1m and spending of $1.9m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $2.1m (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Poultry Science Association Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Be an Angel Fund Inc ($2.1m), Global Scholars ($2.1m) and Georgia Business Council Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $328k (17% of expenses). Other salaries and wages came to $206k. At year end it held assets of $9.7m against liabilities of $341k, net assets of $9.4m. It reported 6 employees.