Contents
SHRM regularly engages in political advocacy work, particularly by lobbying the U.S. Congress. 2 SHRM champions the concept of “inclusion” and subscribes to the belief that certain identity groups get paid less due to discrimination. 3 As of 2024, SHRM affirmed that that regulations and laws around immigration and immigrant employment “hindered” the ability for U.S. companies to “thrive.” 4
Background
Society for Human Resource Management is registered with the Internal Revenue Service (IRS) as a 501(c)(6) trade organization. It is headquartered in Alexandria, Virginia. 5
Its first annual conference was held in Cleveland, Ohio, in 1949, with 67 attendees. It was originally called the American Society for Personnel Administration (ASPA), which was founded in 1948 by 28 individuals aiming to create a national networking organization for human resource managers. 6 It continued to grow throughout the twentieth century, forming chapters throughout the United States and eventually expanding worldwide. It was renamed the Society for Human Resource Management (SHRM) in 1989, four years after moving to Washington, D.C. 1
Activities
Society for Human Resources Management is formally affiliated with a charitable counterpart, the SHRM Foundation, as well as an educational group, HR People & Strategy. 7 It also has branches in the United Arab Emirates and India. 8
SHRM regularly engages in political advocacy work, particularly by lobbying the U.S. Congress. As of 2024, SHRM was advocating for Congress to “modernize” the Family Medical Leave Act (FMLA) to secure and expand paid leave laws, to “improve” the Immigration and Nationality Act to set about “improving case processing,” and to streamline the Fair Labor Standards Act (FLSA) governing certain workplace regulations. 2
SHRM champions the concept of “inclusion” and subscribes affirms that certain identity groups get paid less due to discrimination. 3 As of 2024, SHRM held that that regulations and laws around immigration and immigrant employment “hindered” the ability for U.S. companies to “thrive.” 4
Financials
In 2022, Society for Human Resource Management reported revenue of $178,746,649, expenses of $171,170,798, and ended the year with net assets of $167,019,461, according to tax filings. 9
Grantmaking
In 2022, Society for Human Resource Management disbursed grants to nonprofit groups, including the Third Way Foundation ($50,000), Jobs for America’s Graduates ($100,000), Children at Heart Foundation ($10,225), Metroplex Economic Development Corporation ($10,000), National Down Syndrome Society ($8,000), and She Is A CEO ($10,000). 10
Financial Statistics
Total Assets
Total Revenue
Total Expenses
| Year | Total Assets | Total Revenue | Total Expenses | Filing |
|---|---|---|---|---|
| 2024 | $312,523,812 | $233,028,539 | $231,760,742 | View |
| 2023 | $295,537,265 | $198,684,537 | $207,410,646 | View |
| 2022 | $266,067,185 | $178,746,649 | $171,170,798 | View |
| 2021 | $273,747,773 | $173,516,006 | $152,758,557 | View |
| 2020 | $254,620,010 | $113,096,811 | $134,006,842 | View |
Prior year filings: 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011
Revenue Detail
Employee Compensation
- Number of Employees: 522
Highest Earning Employees
Grant Activity
All-time grants received statistics from Candid dataset:
- Total Grant Value: $714,094
- Number of Grants: 14
- Number of Funders: 9
Selection of highest value grants received from the last seven years: