Society of Rheology Incorporated

Analysis

Society of Rheology Incorporated is a registered charity in United States, based in College Park, MD. It received its IRS tax-exemption ruling in June 1966, 60 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, Society of Rheology Incorporated reported income of $317k and spending of $218k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $603k to $317k (-47%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society of Rheology Incorporated sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Boise Little Theater ($317k), The United States Padel Association Inc ($317k) and Alaska Theatre of Youth ($317k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 109% of the total. At year end it held assets of $2.6m against liabilities of $173k, net assets of $2.4m.