International Union of Geological Sciences

Analysis

International Union of Geological Sciences is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in January 1982, 44 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, International Union of Geological Sciences reported income of $710k and spending of $745k, spending 105% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $496k to $710k (+43%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Union of Geological Sciences sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include Sculpture Fields at Montague Park ($710k), Arthur Roy Mitchell Memorial Inc ($710k) and Fairfax Symphony Orchestra ($710k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.