Society for Economic Botany

Analysis

Society for Economic Botany is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in April 1962, 64 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, Society for Economic Botany reported income of $188k and spending of $210k, spending 111% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $87k to $188k (+117%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society for Economic Botany sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within MO. Charities of a similar size with the same main cause include Wildrose Public Transportation ($188k), M a V Youth Mentoring Inc ($188k) and West Point Scholarship Fund Association ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. At year end it held assets of $296k against liabilities of $0, net assets of $296k.