Planets Telescope Foundation

Analysis

Planets Telescope Foundation is a registered charity in United States, based in Kula, HI. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Planets Telescope Foundation reported income of $124k and spending of $39k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $135k to $124k (-8.4%), an average of -8.4% a year. Over the whole period it spent 17% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Planets Telescope Foundation 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 42nd percentile, and in the 41st percentile within HI. Charities of a similar size with the same main cause include National Dance Week Foundation ($124k), Wisconsin Newspaper Association Foundation Inc ($124k) and Orange County Music Educators Association Inc ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $417k against liabilities of $0, net assets of $417k.