American Association of Petroleum Geologists Foundation

Analysis

American Association of Petroleum Geologists Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, American Association of Petroleum Geologists Foundation reported income of $70k and spending of $14k, leaving 80% of income unspent that year. The sharpest change came in the year to June 2014, when income rose by 9167%. Over the whole period it spent 237% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Association of Petroleum Geologists Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 24th percentile within CO. Charities of a similar size with the same main cause include Atlanta Suzuki Institute Inc ($70k), Babajis Kriya Yoga Order of Acharyas USA Inc ($70k) and Mastery Learning Academy ($70k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 71% of the total. At year end it held assets of $426k against liabilities of $0, net assets of $426k.