U S Space & Rocket Center Education Foundation

Analysis

U S Space & Rocket Center Education Foundation is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, U S Space & Rocket Center Education Foundation reported income of $23.0m and spending of $20.2m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $17.6m to $23.0m (+31%), an average of +6.9% a year. The sharpest change came in the year to September 2022, when income rose by 191%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, U S Space & Rocket Center Education Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 99th percentile within AL. Charities of a similar size with the same main cause include Sunny Hill Inc ($22.9m), Upper Palmetto YMCA ($23.0m) and Special Children Center ($22.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 38% and program service revenue 60% of the total. Other salaries and wages came to $11.5m. It paid $110k in professional fundraising fees. At year end it held assets of $24.4m against liabilities of $1.6m, net assets of $22.8m. It reported 891 employees.