Shooting Stars Foundation Inc

Analysis

Shooting Stars Foundation Inc is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Shooting Stars Foundation Inc reported income of $485k and spending of $346k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $327k to $485k (+48%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shooting Stars Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Santa Fe Art Institute ($485k), Generation Serve ($485k) and Pickerington High School North Athletic Boosters ($485k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 4.9% of the total. At year end it held assets of $876k against liabilities of $0, net assets of $876k.