Gibbs Society of Biological Thermo Dynamics Inc

Analysis

Gibbs Society of Biological Thermo Dynamics Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Gibbs Society of Biological Thermo Dynamics Inc reported income of $67k and spending of $61k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $67k (+35%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gibbs Society of Biological Thermo Dynamics Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within VA. Charities of a similar size with the same main cause include National Society of the Sons of the American Revolution ($67k), Instruments of Healing Inc ($67k) and American Association of International Exchange ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.