Fungal Diversity Survey Inc

Analysis

Fungal Diversity Survey Inc is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in February 2018, 8 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, Fungal Diversity Survey Inc reported income of $328k and spending of $331k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $21k to $328k (+1483%), an average of +298% a year. The sharpest change came in the year to December 2023, when income rose by 1416%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fungal Diversity Survey Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Miami-Dade Historical Maritime Museum Inc ($328k), American Society of Journalists and Authors Foundation ($329k) and Ukrainian Chorus Dumka of America Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $34k (10% of expenses). Other salaries and wages came to $193k. At year end it held assets of $31k against liabilities of $16k, net assets of $15k. It reported 26 employees.