Society for Glycobiology

Analysis

Society for Glycobiology is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2024, 2 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 (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, Society for Glycobiology reported income of $396k and spending of $472k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $302k to $396k (+31%), an average of +7.1% a year. The sharpest change came in the year to December 2023, when income rose by 139%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society for Glycobiology sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 39th percentile within DC. Charities of a similar size with the same main cause include Vibe of Portland ($396k), Owensboro Area Museum of Science and History Inc ($396k) and Bourne Community TV Inc ($396k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 98% of the total. At year end it held assets of $365k against liabilities of $47k, net assets of $318k.