Astronaut Scholarship Foundation Inc

Analysis

Astronaut Scholarship Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in January 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Astronaut Scholarship Foundation Inc reported income of $1.1m and spending of $2.1m, spending 186% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.1m (-30%), an average of -8.5% a year. The sharpest change came in the year to December 2020, when income rose by 123%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Astronaut Scholarship Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Horizon High School Boosters Inc ($1.1m), St James Episcopal School Del Rio Texas ($1.1m) and Jonathan Montessori House of Children Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $162k (7.8% of expenses). Other salaries and wages came to $596k. At year end it held assets of $14.6m against liabilities of $107k, net assets of $14.5m. It reported 12 employees.