Our Space Inc

Analysis

Our Space Inc is a registered charity in United States, based in Belmont, MA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Our Space Inc reported income of $104k and spending of $96k, spending 93% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $93k to $104k (+11%), an average of +12% a year. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Our Space Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include 123 Credit Counselors Inc ($104k), Charis Ministries Inc ($104k) and TPF Foundation Inc ($104k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.