National Space Grant Foundation Inc

Analysis

National Space Grant Foundation Inc is a registered charity in United States, based in Albany, OR. It received its IRS tax-exemption ruling in April 2001, 25 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Space Grant Foundation Inc reported income of $3.6m and spending of $3.0m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $3.6m (+107%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 146%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Space Grant Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OR. Charities of a similar size with the same main cause include Trigg-C M Russell Foundation Inc ($3.6m), Shadoart Productions Inc ($3.6m) and Wireless Research Center of North Carolina ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $50k (1.7% of expenses). At year end it held assets of $3.3m against liabilities of $1,476, net assets of $3.3m.