United States Space Foundation

Analysis

United States Space Foundation is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, United States Space Foundation reported income of $26.2m and spending of $20.5m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.8m to $26.2m (+55%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 391%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, United States Space Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Ja Worldwide Inc ($26.2m), Oxbridge Academy Foundation Inc ($26.2m) and One Million Degrees ($26.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $2.3m (11% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $31.4m against liabilities of $2.8m, net assets of $28.6m. It reported 132 employees.