Public Archaeology Laboratory Inc

Analysis

Public Archaeology Laboratory Inc is a registered charity in United States, based in Pawtucket, RI. It received its IRS tax-exemption ruling in February 1985, 41 years ago. 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, Public Archaeology Laboratory Inc reported income of $7.8m and spending of $6.7m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.8m to $7.8m (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Public Archaeology Laboratory Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within RI. Charities of a similar size with the same main cause include Loveland-Symmes Fire Department Inc ($7.8m), American Youth Hostels Inc ($7.8m) and Compass Regional Hospice Inc ($7.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Compensation of current officers, directors and key employees was $364k (5.5% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $18.2m against liabilities of $4.6m, net assets of $13.6m. It reported 74 employees.