Mars Planet Foundation

Analysis

Mars Planet Foundation is a registered charity in United States, based in Mars, PA. It received its IRS tax-exemption ruling in March 2014, 12 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 2024, Mars Planet Foundation reported income of $107k and spending of $91k, spending 85% of its income. Across the 3 years on record, from June 2021 to June 2024, income grew from $89k to $107k (+20%), an average of +9.8% a year. The sharpest change came in the year to June 2023, when income rose by 52%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mars Planet Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within PA. Charities of a similar size with the same main cause include St Jude School ($107k), Titan Football Booster Club ($107k) and Georgia Solar Energy Associationinc ($107k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 63% of the total. At year end it held assets of $324k against liabilities of $0, net assets of $324k.