The Society for Financial Studies

Analysis

The Society for Financial Studies is a registered charity in United States, based in Wynnewood, PA. It received its IRS tax-exemption ruling in October 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Society for Financial Studies reported income of $1.2m and spending of $1.4m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+7.1%), an average of +1.7% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Society for Financial Studies sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Caliber East Bay Real Estate ($1.2m), United College Action Network ($1.2m) and Mentor Nebraska ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 91% of the total. Compensation of current officers, directors and key employees was $32k (2.2% of expenses). Other salaries and wages came to $259k. At year end it held assets of $10.4m against liabilities of $1.5m, net assets of $8.9m. It reported 2 employees.