American Geophysical Union

Analysis

American Geophysical Union is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1972, 54 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, American Geophysical Union reported income of $79.0m and spending of $56.8m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $44.7m to $79.0m (+77%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 53%. 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, American Geophysical Union sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within DC. Charities of a similar size with the same main cause include Academy Foundation ($78.7m), Academy Museum Foundation ($79.2m) and California Science Center Foundation ($77.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $6.4m (11% of expenses). Other salaries and wages came to $12.6m. At year end it held assets of $143.4m against liabilities of $53.2m, net assets of $90.2m. It reported 184 employees.