Josephine Porter Institute for Applied Bio-Dynamics Inc

Analysis

Josephine Porter Institute for Applied Bio-Dynamics Inc is a registered charity in United States, based in Floyd, VA. It received its IRS tax-exemption ruling in September 1989, 37 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, Josephine Porter Institute for Applied Bio-Dynamics Inc reported income of $258k and spending of $164k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $221k to $258k (+16%), an average of +3.9% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Josephine Porter Institute for Applied Bio-Dynamics Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Arts Council of South Wood County Inc ($258k), Maui Historical Society ($258k) and Rochester Lyric Opera Inc ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 8.8% of the total. Other salaries and wages came to $34k. At year end it held assets of $407k against liabilities of $64k, net assets of $342k. It reported 6 employees.