Space City Charities

Analysis

Space City Charities is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 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 December 2023, Space City Charities reported income of $51k and spending of $37k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $51k (+4.8%), an average of +4.8% a year. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Space City Charities sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within TX. Charities of a similar size with the same main cause include Hfc-Jlc Memorial Scholarship Fund Incorporated ($51k), 100 Black Men of Coastal Carolina ($51k) and Officer Brian Shaw Memorial Scholarship Fund ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 132% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.