International Precious Metals Educational & Scientific Foundatio

Analysis

International Precious Metals Educational & Scientific Foundatio is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in December 1979, 47 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, International Precious Metals Educational & Scientific Foundatio reported income of $826k and spending of $687k, spending 83% of its income. Across the 6 years on record, from June 2019 to December 2023, income fell from $1.1m to $826k (-22%), an average of -4.8% a year. The sharpest change came in the year to December 2021, when income rose by 918%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Precious Metals Educational & Scientific Foundatio sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Counseling Center of the North Shore Inc ($826k), Boys & Girls Club of San Angelo Inc ($826k) and Young Womens Christian Association of Bethlehem Pa ($826k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 78% of the total. At year end it held assets of $1.3m against liabilities of $1,229, net assets of $1.3m.