Geological Engineering Foundation

Analysis

Geological Engineering Foundation is a registered charity in United States, based in Moraga, CA. It received its IRS tax-exemption ruling in April 2015, 11 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, Geological Engineering Foundation reported income of $119k and spending of $68k, leaving 42% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $184k to $119k (-35%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Geological Engineering Foundation 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 44th percentile within CA. Charities of a similar size with the same main cause include Brandon Ballet Inc ($119k), Cleveland Hungarian Heritage Society ($119k) and Kincaid Regional Theatre Company ($119k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $3,500 (5.1% of expenses). Other salaries and wages came to $13k. At year end it held assets of $57k against liabilities of $0, net assets of $57k.