Geotan Corporation

Analysis

Geotan Corporation is a registered charity in United States, based in Chevy Chase, MD. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Geotan Corporation reported income of $98k and spending of $83k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $98k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Geotan Corporation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within MD. Charities of a similar size with the same main cause include Eastside Portland Lacrosse ($98k), Mr Bobs Under the Bridge Inc ($98k) and Atlanta YMCA Young Qalicb ($98k).

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 $59k against liabilities of $0, net assets of $59k.