Speed of Light - the Astro Foundation

Analysis

Speed of Light - the Astro Foundation is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in August 2025. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Speed of Light - the Astro Foundation reported income of $519k and spending of $1.0m, spending 196% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $519k (-67%), an average of -24% a year. The sharpest change came in the year to December 2022, when income dropped by 52%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Speed of Light - the Astro Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Covenant Healthcare System ($519k), Tennessee Association of Drug Court Professionals ($519k) and Divine Mercy Healing Center Inc ($518k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. Other salaries and wages came to $345k. At year end it held assets of $16.9m against liabilities of $83k, net assets of $16.8m.