Spartanburg Science Center

Analysis

Spartanburg Science Center is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in September 1978, 48 years ago. 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 June 2023, Spartanburg Science Center reported income of $209k and spending of $198k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $189k to $209k (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spartanburg Science Center sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 60th percentile within SC. Charities of a similar size with the same main cause include Cochran Villa Inc ($209k), South Eastern New York Area Committ & Assembly of Alcoholics Anonymous ($209k) and Friends of the Saratoga Libraries ($209k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $22k (11% of expenses). Other salaries and wages came to $8,724. At year end it held assets of $124k against liabilities of $0, net assets of $124k. It reported 6 employees.