Usg United Scientific Group

Analysis

Usg United Scientific Group is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Usg United Scientific Group reported income of $1.7m and spending of $1.6m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.7m (-3.7%), an average of -0.9% a year. The sharpest change came in the year to December 2020, when income dropped by 69%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Usg United Scientific Group sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Childrens Academy ($1.7m), Bitsaa International Inc ($1.7m) and Colorado Professional Golfers Association Foundation Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k. It reported 1 employees.