American Association of Variable Star Observers

Analysis

American Association of Variable Star Observers is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in February 1954, 72 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 September 2023, American Association of Variable Star Observers reported income of $692k and spending of $1.2m, spending 173% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $111k to $692k (+524%), an average of +58% a year. The sharpest change came in the year to September 2021, when income rose by 383%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Association of Variable Star Observers sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Ewm Inc ($692k), Vermilion Heritage Foundation ($692k) and Underground Railroad History Project of the Capital Region ($692k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 27% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $190k (16% of expenses). Other salaries and wages came to $380k. At year end it held assets of $16.1m against liabilities of $420k, net assets of $15.7m. It reported 6 employees.