New Mexico Geological Society Inc

Analysis

New Mexico Geological Society Inc is a registered charity in United States, based in Socorro, NM. It received its IRS tax-exemption ruling in February 1997, 29 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, New Mexico Geological Society Inc reported income of $119k and spending of $159k, spending 133% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $121k to $119k (-1.0%), an average of -1.0% a year. Over the whole period it spent 133% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Mexico Geological Society Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within NM. Charities of a similar size with the same main cause include International Choral Festival Inc ($119k), Festival Music Society of Indiana ($119k) and Hundred Grand Dance Foundation Inc ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 34% of the total. At year end it held assets of $331k against liabilities of $0, net assets of $331k.