National Space Society

Analysis

National Space Society is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1974, 52 years ago. 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 2022, National Space Society reported income of $1.1m and spending of $1.4m, spending 128% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $2.5m to $1.1m (-55%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 201%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Space Society 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 80th percentile, and in the 57th percentile within DC. Charities of a similar size with the same main cause include County of Mono Economic Development Corporation ($1.1m), Ray Bird Ministries Inc ($1.1m) and Tri-County Christian School ($1.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 74% and program service revenue 8.8% of the total. At year end it held assets of $2.4m against liabilities of $176k, net assets of $2.3m.