American Geological Institute

Analysis

American Geological Institute is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in February 1964, 62 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 September 2023, American Geological Institute reported income of $5.2m and spending of $5.7m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $6.0m to $5.2m (-13%), an average of -3.5% a year. The sharpest change came in the year to September 2022, when income rose by 58%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Geological Institute sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include Learning Experience School Inc ($5.2m), Dorado Academy Inc ($5.2m) and Community Action Program for Madison County Inc ($5.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $646k (11% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $15.8m against liabilities of $1.7m, net assets of $14.0m. It reported 56 employees.