Science Play-Space Initiative Spi Inc

Analysis

Science Play-Space Initiative Spi Inc is a registered charity in United States, based in Mount Vernon, OH. It received its IRS tax-exemption ruling in September 2012, 14 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 December 2023, Science Play-Space Initiative Spi Inc reported income of $139k and spending of $176k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $173k to $139k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Science Play-Space Initiative Spi Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Biblioteca Comunitaria Del Oeste Inc ($139k), Rio Bravo PTC Association ($139k) and Institute for Music and Neurologic Function ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $46k (26% of expenses). Other salaries and wages came to $68k. At year end it held assets of $630k against liabilities of $0, net assets of $630k. It reported 20 employees.