Gorgas Science Foundation Inc

Analysis

Gorgas Science Foundation Inc is a registered charity in United States, based in Brownsville, TX. It received its IRS tax-exemption ruling in May 1984, 42 years ago. 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 August 2023, Gorgas Science Foundation Inc reported income of $99k and spending of $135k, spending 137% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $162k to $99k (-39%), an average of -12% a year. The sharpest change came in the year to August 2021, when income rose by 51%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gorgas Science Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Idaho Historical Preservation Council Inc ($99k), Maple Shade Youth Baseball ($99k) and Altadena Guild of the Huntington Memorial Hospital ($99k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 50% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $45k (33% of expenses). At year end it held assets of $956k against liabilities of $188k, net assets of $768k. It reported 1 employees.