Protein Society

Analysis

Protein Society is a registered charity in United States, based in Hacienda HTS, CA. It received its IRS tax-exemption ruling in April 1987, 39 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 (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 2023, Protein Society reported income of $1.3m and spending of $1.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.3m (-2.4%), an average of -0.6% a year. The sharpest change came in the year to December 2020, when income dropped by 20%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Protein Society sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Awaiaulu Inc ($1.3m), Woodlawn Theatre Inc ($1.3m) and Schiele Museum of Natural History and Planetarium Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $225k (18% of expenses). Other salaries and wages came to $76k. At year end it held assets of $3.1m against liabilities of $83k, net assets of $3.0m. It reported 2 employees.