Global Exploration and Oceanographic Society

Analysis

Global Exploration and Oceanographic Society is a registered charity in United States, based in The Plains, VA. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Global Exploration and Oceanographic Society reported income of $131k and spending of $179k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $285k to $131k (-54%), an average of -18% a year. The sharpest change came in the year to December 2022, when income rose by 577%. Over the whole period it spent 101% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Global Exploration and Oceanographic Society 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 44th percentile, and in the 43rd percentile within VA. Charities of a similar size with the same main cause include Empire Ranch Foundation ($131k), Mexico Beach Artificial Reef Association Inc ($131k) and Friends of Cheney Lake Inc ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $204k against liabilities of $0, net assets of $204k.