Telluride Science
Analysis
Telluride Science is a registered charity in United States, based in Telluride, CO. It received its IRS tax-exemption ruling in January 1986, 40 years ago. 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, Telluride Science reported income of $2.4m and spending of $2.1m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.4m to $2.4m (-30%), an average of -8.7% a year. The sharpest change came in the year to December 2022, when income rose by 165%. Over the whole period it spent 61% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Telluride Science sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Christian Benevolent Association of Greater Cincinnati Inc ($2.4m), Special Olympics New Mexico Inc ($2.4m) and Williston Trinity Christian School ($2.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $136k (6.6% of expenses). Other salaries and wages came to $242k. At year end it held assets of $10.4m against liabilities of $2.7m, net assets of $7.7m. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 32%
- Program services 60%
- Other 7.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Christian Benevolent Association of Greater Cincinnati Inc | Cincinnati | $2.4m |
| Special Olympics New Mexico Inc | Albuquerque | $2.4m |
| Williston Trinity Christian School | Williston | $2.4m |
| El Pajaro Community Development Corporation | Watsonville | $2.4m |