Space Coast Discovery Inc

Analysis

Space Coast Discovery Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in August 1988, 38 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Space Coast Discovery Inc reported income of $2.0m and spending of $1.9m, spending 94% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $1.6m to $2.0m (+26%), an average of +8.1% a year. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Space Coast Discovery Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Fraxa Research Foundation Inc ($2.0m), Valley Association for Independent Living Inc ($2.0m) and Sister Servants of Christ the King Inc ($2.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 16% and program service revenue 76% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $3.3m against liabilities of $934k, net assets of $2.3m. It reported 85 employees.