International Palm Society Inc

Analysis

International Palm Society Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 1957, 69 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 Palm Society Inc reported income of $778k and spending of $371k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $494k to $778k (+57%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 633%. Over the whole period it spent 70% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, International Palm Society Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Reconsidered Goods ($778k), The Organic Center Inc ($779k) and Johnson Creek Watershed Association ($777k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 80% of the total. At year end it held assets of $1.4m against liabilities of $3,000, net assets of $1.4m.