California Federation of Mineralogical Societies Inc

Analysis

California Federation of Mineralogical Societies Inc is a registered charity in United States, based in Rialto, CA. It received its IRS tax-exemption ruling in April 1966, 60 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, California Federation of Mineralogical Societies Inc reported income of $130k and spending of $109k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $128k to $130k (+1.6%), an average of +0.4% a year. The sharpest change came in the year to December 2020, when income dropped by 63%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, California Federation of Mineralogical Societies Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Cimarron Circuit Opera Company ($130k), Gloucester County Historical Society ($130k) and Mpaact ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 66% of the total. At year end it held assets of $1.1m against liabilities of $38k, net assets of $1.0m.