Society of Labor Economists

Analysis

Society of Labor Economists is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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 of Labor Economists reported income of $209k and spending of $209k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $187k to $209k (+12%), an average of +5.7% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society of Labor Economists sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Atonement Lutheran Housing Corp ($209k), PTA California Congress of Parents Teachers & Students Inc ($209k) and United Seniors of Oakland & Alameda County ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. At year end it held assets of $223k against liabilities of $223k, net assets of $0.