Society of Multivariate Experimental Psychology Inc

Analysis

Society of Multivariate Experimental Psychology Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1965, 61 years ago. The IRS classifies it as a private non-operating foundation under section 501(c)(3).

In the financial year ending December 2022, Society of Multivariate Experimental Psychology Inc reported income of $292k and spending of $252k, spending 86% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $279k to $292k (+4.7%), an average of +1.5% a year. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society of Multivariate Experimental Psychology Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Thomasville-Thomas County Habitat for Humanity Inc ($292k), Able Force Employment Inc ($292k) and M Ensemble Company ($292k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 2.1% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $36k (14% of expenses). At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.