Geologic Timescale Foundation Inc

Analysis

Geologic Timescale Foundation Inc is a registered charity in United States, based in W Lafayette, IN. It received its IRS tax-exemption ruling in January 2011, 15 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 (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, Geologic Timescale Foundation Inc reported income of $99k and spending of $98k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $99k (+10%), an average of +10% a year. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Geologic Timescale Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within IN. Charities of a similar size with the same main cause include Philipsburg Playhouse Productions ($99k), Boulder City Art Guild Inc ($99k) and Patrons of the Trumbull Nature & Arts Center ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $302k against liabilities of $5,466, net assets of $297k.