Exploration Station

Analysis

Exploration Station is a registered charity in United States, based in Byrnes Mill, MO. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Exploration Station reported income of $1.5m and spending of $1.1m, leaving 27% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $395k to $1.5m (+275%), an average of +55% a year. The sharpest change came in the year to August 2023, when income rose by 107%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Exploration Station sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within MO. Charities of a similar size with the same main cause include The Montgomery County Agricultural Society ($1.5m), Mexican Coalition for the Empowerment of Youth and Families ($1.5m) and Health Care Corporation ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $83k (7.6% of expenses). Other salaries and wages came to $713k. At year end it held assets of $386k against liabilities of $209k, net assets of $176k. It reported 63 employees.