American Federation of Mineralogical Societies

Analysis

American Federation of Mineralogical Societies is a registered charity in United States, based in Rialto, CA. It received its IRS tax-exemption ruling in October 1960, 66 years ago. 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 October 2023, American Federation of Mineralogical Societies reported income of $60k and spending of $40k, leaving 34% of income unspent that year. Across the 4 years on record, from October 2019 to October 2023, income grew from $56k to $60k (+7.8%), an average of +2.5% a year. The sharpest change came in the year to October 2023, when income rose by 24%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Federation of Mineralogical Societies sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Community Outreach Services Inc ($60k), Putnam County Educational Foundation ($60k) and PTA Louisiana Congress ($60k).

On its Form 990 for the period ending October 2023, revenue came from program service revenue 61% of the total. At year end it held assets of $645k against liabilities of $0, net assets of $645k.