Experimental Sounding Rocket Association

Analysis

Experimental Sounding Rocket Association is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in February 2009, 17 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, Experimental Sounding Rocket Association reported income of $163k and spending of $116k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $160k to $163k (+1.6%), an average of +1.6% a year. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Experimental Sounding Rocket Association sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within MI. Charities of a similar size with the same main cause include Sharkey-Issaquena County Library ($163k), Gulf Coast Administrators of Special Education Gcase ($163k) and Brazosport Rotary Club Charitable Foundation Inc ($163k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.