Starfinder Foundation

Analysis

Starfinder Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 2003, 23 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 June 2023, Starfinder Foundation reported income of $865k and spending of $1.0m, spending 120% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.1m to $865k (-20%), an average of -7.2% a year. The sharpest change came in the year to June 2023, when income dropped by 28%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Starfinder Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Center for Inquiry Development Fund ($864k), Verse by Verse Ministry of San Antonio ($865k) and United Way of Southeast Missouri ($864k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $105k (10% of expenses). Other salaries and wages came to $260k. At year end it held assets of $4.4m against liabilities of $2.4m, net assets of $2.0m. It reported 29 employees.