Organization for Tropical Studies Inc

Analysis

Organization for Tropical Studies Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2023, Organization for Tropical Studies Inc reported income of $8.8m and spending of $9.4m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $8.8m (+109%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 95%. Over the whole period it spent 113% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Organization for Tropical Studies Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Strongminds Inc ($8.7m), Divine Will Foundation ($8.8m) and Insulin for Life USA Inc ($8.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $98k (1.0% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $15.0m against liabilities of $1.1m, net assets of $13.9m. It reported 9 employees.

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.