Targeted Meteorological Systems Inc

Analysis

Targeted Meteorological Systems Inc is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in March 2021, 5 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, Targeted Meteorological Systems Inc reported income of $630k and spending of $313k, leaving 50% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $465k to $630k (+35%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 95%. Over the whole period it spent 51% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Targeted Meteorological Systems Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CO. Charities of a similar size with the same main cause include Luminary Arts Corporation ($630k), Holy Names Center at Fort Wright ($630k) and Is183 Inc ($630k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $929k against liabilities of $0, net assets of $929k.