Society of Economics Geologists Inc

Analysis

Society of Economics Geologists Inc is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Society of Economics Geologists Inc reported income of $3.1m and spending of $4.1m, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $3.1m (+3.3%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Society of Economics Geologists Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CO. Charities of a similar size with the same main cause include Visual Effects Society ($3.1m), Cornerstone Schools of Washington DC Inc ($3.1m) and Robert C Parker School ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $309k (7.6% of expenses). Other salaries and wages came to $783k. At year end it held assets of $21.0m against liabilities of $555k, net assets of $20.4m. It reported 15 employees.