Denver Geophysical Society Foundation

Analysis

Denver Geophysical Society Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Denver Geophysical Society Foundation reported income of $121k and spending of $74k, leaving 39% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $189k to $121k (-36%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Denver Geophysical Society Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 38th percentile within CO. Charities of a similar size with the same main cause include Parkersburg South High School Band Boosters Association ($121k), Springfield Puerto Rican Parade ($121k) and International Partnering Institute ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 54% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.