Terra Science and Education Inc

Analysis

Terra Science and Education Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Terra Science and Education Inc reported income of $3.0m and spending of $2.5m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $3.0m (+52%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Terra Science and Education Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Follow the Child Montessori School Inc ($3.0m), Pee Dee Math Science and Technology Academy ($3.0m) and Middle Atlantic Catholic Risk Management Group Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Other salaries and wages came to $234k. At year end it held assets of $10.5m against liabilities of $4.3m, net assets of $6.2m. It reported 6 employees.