Geobound

Analysis

Geobound is a registered charity in United States, based in Kansas, OK. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Geobound reported income of $57k and spending of $47k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $57k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Geobound sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within OK. Charities of a similar size with the same main cause include Pike County Christian Assistance Inc ($57k), Baitul Ahad Islamic Center Inc ($57k) and His Way Recovery Baptist Missions Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $35k against liabilities of $2,800, net assets of $32k.