Fresno Gem & Mineral Society

Analysis

Fresno Gem & Mineral Society is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in July 1975, 51 years ago. 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, Fresno Gem & Mineral Society reported income of $174k and spending of $112k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $90k to $174k (+93%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 1413%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fresno Gem & Mineral Society sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Courthouse Square Association Inc ($174k), Pi Omega Foundation Inc ($174k) and California State University Los Angeles Alumni Association Inc ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.6% of the total. At year end it held assets of $544k against liabilities of $0, net assets of $544k.