Center for Contemporary Sciences Inc

Analysis

Center for Contemporary Sciences Inc is a registered charity in United States, based in North Potomac, MD. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, 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 2022, Center for Contemporary Sciences Inc reported income of $245k and spending of $546k, spending 223% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from $670k to $245k (-64%), an average of -40% a year. The sharpest change came in the year to December 2021, when income dropped by 46%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Contemporary Sciences Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MD. Charities of a similar size with the same main cause include United Habitat Fund Inc ($245k), Austin Pregnancy Resource Center ($245k) and Helping Funds Foundation ($245k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $300k (55% of expenses). Other salaries and wages came to $126k. It paid $31k in professional fundraising fees. At year end it held assets of $789k against liabilities of $37k, net assets of $752k. It reported 7 employees.