The Aldrin Family Foundation Inc

Analysis

The Aldrin Family Foundation Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 1999, 27 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, The Aldrin Family Foundation Inc reported income of $812k and spending of $862k, spending 106% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.4m to $812k (-40%), an average of -9.8% a year. The sharpest change came in the year to December 2021, when income rose by 107%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Aldrin Family Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Society of California Pioneers ($812k), We the Best Foundation Inc ($812k) and Centre Stage South Carolina ($812k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $25k (2.9% of expenses). Other salaries and wages came to $228k. At year end it held assets of $1,700 against liabilities of $0, net assets of $1,700. It reported 4 employees.