Reno Gem and Mineral Society Inc

Analysis

Reno Gem and Mineral Society Inc is a registered charity in United States, based in Sparks, NV. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Reno Gem and Mineral Society Inc reported income of $163k and spending of $126k, leaving 23% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $71k to $163k (+130%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 158%. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Reno Gem and Mineral Society Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 54th percentile within NV. Charities of a similar size with the same main cause include Associated Recyclers of Wisconsin Inc ($163k), Valley View Foundation ($164k) and Eco Era ($163k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $777k against liabilities of $354k, net assets of $422k.