Summer of Applied Geophysical Experience

Analysis

Summer of Applied Geophysical Experience is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Summer of Applied Geophysical Experience reported income of $72k and spending of $41k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $114k to $72k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 125% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Summer of Applied Geophysical Experience sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Battle Ground Education Foundation ($72k), Maxmath Tutoring Online Inc ($72k) and Experimental Aircraft Association Inc Portland Chapter 105 ($72k).

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 $32k against liabilities of $36, net assets of $32k.