Society of Chartered Property & Casualty Underwriters Inc
501(c)(6)
Only null% goes to programs Thin reserves Growing revenue
Society of Chartered Property & Casualty Underwriters Inc is a 501(c)(6) organization based in Malvern, Pennsylvania, registered in 1954, with $26,172,531 in FY2024 revenue. CharityIndex grades it C+.
720 Providence Road, Malvern, PA, 19355 EIN 23-1552247 Since 1954
Revenue (FY2024)
$26.2M
▲ 23.2% vs prior year
Expenses (FY2024)
$24.5M
Net assets
$1.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Society of Chartered Property & Casualty Underwriters Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · +6% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Society of Chartered Property & Casualty Underwriters Inc: 1 mo reserves · +6% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Society of Chartered Property & Casualty Underwriters Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Society of Chartered Property & Casualty Underwriters Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 720 Providence Road, Malvern, PA, 19355
- City
- Malvern
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $5.5M (FY2013) to $26.2M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $6.6MNet assets $1.3M
Operating margin
6.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$7.9M
Total liabilities
$6.6M
Net assets
$1.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $26,172,531▲23.2% | $24,477,671▲12.8% | $1,297,715▲427% | $7,873,153▼40.0% | 990 |
| 2023 | $21,250,311▲96.4% | $21,692,473▲75.7% | -$397,145▲47.2% | $13,121,384▲34.2% | 990 |
| 2022 | $10,818,484▲157% | $12,344,326▲201% | -$752,166▼137% | $9,780,486▲0.7% | 990 |
| 2021 | $4,213,152▲13.6% | $4,105,946▼33.3% | $2,053,961▲13.6% | $9,708,613▲4.7% | 990 |
| 2020 | $3,707,579▼29.0% | $6,152,323▼0.7% | $1,807,754▼51.8% | $9,271,609▲11.4% | 990 |
| 2019 | $5,222,477▼21.0% | $6,196,388▲0.3% | $3,754,252▼6.6% | $8,321,398▲24.0% | 990 |
| 2018 | $6,606,850▲56.8% | $6,180,906▲3.0% | $4,020,639▼4.5% | $6,711,365▼15.7% | 990 |
| 2017 | $4,213,457▼66.5% | $6,000,000▼35.3% | $4,210,145▼25.7% | $7,957,376▼0.1% | 990 |
| 2016 | $12,593,781▲170% | $9,278,800▲54.6% | $5,669,743▲156% | $7,968,579▲11.3% | 990 |
| 2015 | $4,664,702▼15.6% | $6,000,000 | $2,218,524▼46.4% | $7,157,591▲11.0% | 990 |
| 2013 | $5,524,552 | $5,998,839▼26.5% | $4,142,056▼4.3% | $6,446,871▼7.0% | 990 |
| 2012 | — | $8,160,090▲28.4% | $4,326,452▼17.4% | $6,931,824▼26.2% | 990 |
| 2010 | — | $6,353,306▲7.6% | $5,235,745▲5.7% | $9,394,433▲0.8% | 990 |
| 2009 | — | $5,904,370 | $4,954,703 | $9,316,443 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Society of Chartered Property & Casualty Underwriters Inc a legitimate nonprofit?
- Yes. Society of Chartered Property & Casualty Underwriters Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 23-1552247, based in Malvern, Pennsylvania.
- What is Society of Chartered Property & Casualty Underwriters Inc's EIN?
- Society of Chartered Property & Casualty Underwriters Inc's Employer Identification Number (EIN) is 23-1552247.
- How much revenue does Society of Chartered Property & Casualty Underwriters Inc report?
- Society of Chartered Property & Casualty Underwriters Inc reported $26,172,531 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Society of Chartered Property & Casualty Underwriters Inc have?
- CharityIndex grades Society of Chartered Property & Casualty Underwriters Inc C+, based on financial health (reserves and operating margin).
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Data for Society of Chartered Property & Casualty Underwriters Inc (EIN 23-1552247) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.