Bighorn Basin Paleontological Institute

Analysis

Bighorn Basin Paleontological Institute is a registered charity in United States, based in Willow Grove, PA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Bighorn Basin Paleontological Institute reported income of $499k and spending of $486k, spending 97% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $252k to $499k (+98%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 248%. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bighorn Basin Paleontological Institute sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Community Music School of Buffalo ($499k), Borderless Magazine NFP ($499k) and Pentangle ($499k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $83k (17% of expenses). Other salaries and wages came to $133k. At year end it held assets of $728k against liabilities of $4,620, net assets of $724k. It reported 9 employees.