Science Buddies

Analysis

Science Buddies is a registered charity in United States, based in Milpitas, CA. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Science Buddies reported income of $1.5m and spending of $1.1m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.5m (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Science Buddies sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include United Mid-Coast Charities Inc ($1.5m), Stanley Fund for the Broad Institute ($1.5m) and Liberty Healthcare System Foundation Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 2.3% of the total. Other salaries and wages came to $725k. At year end it held assets of $1.3m against liabilities of $116k, net assets of $1.2m. It reported 9 employees.