Geosynthetic Institute

Analysis

Geosynthetic Institute is a registered charity in United States, based in Folsom, PA. It received its IRS tax-exemption ruling in July 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Geosynthetic Institute reported income of $1.3m and spending of $794k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Geosynthetic Institute sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Kanza Society Inc High Plains Public Radio ($1.3m), Ayuda Inc ($1.3m) and A New Start-Financial Social Services Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Compensation of current officers, directors and key employees was $417k (53% of expenses). Other salaries and wages came to $6,620. At year end it held assets of $10.9m against liabilities of $0, net assets of $10.9m. It reported 3 employees.