Challenger Center for Space Science Education

Analysis

Challenger Center for Space Science Education is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1986, 40 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 December 2023, Challenger Center for Space Science Education reported income of $6.3m and spending of $7.2m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.8m to $6.3m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Challenger Center for Space Science Education sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 82nd percentile within DC. Charities of a similar size with the same main cause include National Wic Association ($6.3m), Mount Carmel Guild Education ($6.3m) and Oregon Baptist Retirement Home ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $552k (7.7% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $4.7m against liabilities of $4.2m, net assets of $437k. It reported 26 employees.