Center for Applied Space Technologyincorporated

Analysis

Center for Applied Space Technologyincorporated is a registered charity in United States, based in Orange Park, FL. It received its IRS tax-exemption ruling in February 2009, 17 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 December 2023, Center for Applied Space Technologyincorporated reported income of $310k and spending of $328k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $262k to $310k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for Applied Space Technologyincorporated sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Chicago Dance Health Fund ($310k), Ohio Air & Space Hall of Fame & Museum Inc ($310k) and Applause Academy Ma Inc ($310k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $36k (11% of expenses). At year end it held assets of $2,505 against liabilities of $21k, net assets of -$18k. It reported 2 employees.