Scientists Inc

Analysis

Scientists Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, 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 May 2024, Scientists Inc reported income of $123k and spending of $125k, spending 102% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $47k to $123k (+160%), an average of +160% a year. The sharpest change came in the year to May 2024, when income rose by 160%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Scientists Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include The Ethan Allen Homestead Museum Inc ($123k), Copper County Preservation Trust Inc ($123k) and Ride for the Brand Ranch Rodeo ($123k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. At year end it held assets of $59k against liabilities of $802, net assets of $58k.